July 11, 2005 News Archive

Bank Secrecy Act/Anti-Money Laundering - New Examination Manual
In SR 05-12, the Federal Financial Institutions Examination Council (FFIEC) has issued the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual. The manual is the result of a collaborative effort of the federal banking agencies and the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN). BSA/AML experts from the Reserve Banks contributed to the drafting of the manual and were instrumental in field testing the procedures.

New Chicago Fed Letter
The August issue of the Chicago Fed Letter discussing "Implementing the Check 21 Act: Potential Risks Facing Banks" is now available. (PDF, 48KB)