updated 06/03/13 01:42 PM
FinCEN ISSUES NEW SAR, CTR GUIDES
Also, New TIPs Bulletins Posted
New frequently-asked-question guides have been posted by the Financial Crimes Enforcement Network (FinCEN) on Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR) to assist financial institutions in their use of both FinCEN reports.
The frequently-asked-question guides are the only acceptable format for submitting SARs and CTRs to FinCEN. The network will issue additional guidance as needed.
Click here to access the SAR guide.
Click here to access the CTR guide.
New TIPs Bulletins Posted
Stay updated on compliance issues and rules with new TIPs Bulletins posted by the California and Nevada Credit Union Leagues! TIPs Bulletins (Technical Information and Procedures) have been published within the past couple of weeks, including the following:
TIPs Bulletin 13-30 provides information on amendments to the 2013 Escrow Final Rule under the Truth in Lending Act (Regulation Z).
TIPs Bulletin 13-29 provides information on the final remittance transfer rule issued by the Consumer Financial Protection Bureau (CFPB).
    © 2014 California Credit Union League