FinCEN Invites Nominations for Membership on the BSA Advisory Group

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The Financial Crimes Enforcement Network (FinCEN) is inviting nominations for membership on the Bank Secrecy Act Advisory Group (BSAAG). BSAAG membership is open to financial institutions, trade groups, federal and state regulators, and law enforcement agencies.

BSAAG members provide anecdotal perspectives, and quantifiable insights on Bank Secrecy Act/Anti-Money Laundering (BSA/AML) requirements, along with industry trends in BSAAG discussions. As chair of the BSAAG, Ken Blanco, the Director of FinCEN, is responsible for putting relevant issues before the Advisory Group for review, analysis, and discussion. The Advisory Group generally meets twice a year in Washington, D.C. over one or two days in May and October. Additional BSAAG meetings may be held by phone, videoconference, or in person. Members will not be paid for their time, services, or travel. New members will be selected to serve a three-year term.

Credit unions may nominate themselves and are encouraged to apply. Please see the Notice and Request for Nominations published in the Federal Register for important details about the nominations process.

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