Bills that aren’t considered in their house of origin by Feb. 18 will not advance in this year’s 60-day Washington legislative session.
Are we required to implement policies and procedures specifically relating to safe deposit boxes and Bank Secrecy Act (BSA) monitoring? We have heard rumors that the NCUA is asking credit unions to produce and monitor reports that monitor safe deposit box activity.
FinCEN Proposes Reporting Requirement of International Transport of Prepaid Access Products at U.S. Borders
FinCEN has proposed adding certain dedicated prepaid access devices, such as prepaid cards and gift cards, to the list of monetary instruments to be reported when transported into or out of the U.S.