Highlights:
-
FinCEN has issued
the attached ANPR seeking comments from the public, MSBs, and the
banking
industry
regarding the BSA's impact
on MSBs ' ability
to obtain appropriate access to banking services.
-
MSBs have experienced
obstacles in opening and maintaining deposit
accounts with banks.
-
FinCEN is soliciting
updated facts about this issue as well
as feedback on whether additional guidance or regulatory
action under the BSA might address these concerns.
-
Comments must be
submitted to FinCEN on or before May
9, 2006, and should be identified by RIN 1506-AA85.
-
Comments may be
submitted via electronic mail at regcomments@fincen.treas.gov
(include the RIN in the subject line of the message) or
via regular paper mail to FinCEN, P.O. Box 39, Vienna, Virginia
22183.
-
Please distribute
this information to the appropriate
personnel in your institution.
Distribution:
FDIC-Supervised Banks (Commercial and Savings)
Suggested Routing:
Chief Executive Officer
BSA Compliance Officer
Related Topics:
Bank Secrecy Act
Attachment:
Advance Notice of Proposed Rulemaking - PDF 55k (PDF
Help)
Contact:
Senior Program Analyst Charles W. Collier at SASFIL@FDIC.gov or (202) 898-3673
Note:
FDIC Financial Institution Letters (FILs) may be
accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2006/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may be obtained
through the FDIC's Public Information Center (1-877-275-3342 or
703-562-2200).
