(AGENPARL) - Roma, 11 Luglio 2022 - (AGENPARL) – lun 11 luglio 2022 You are subscribed to FinCEN Updates. The information below is available at Fincen.gov.
FinCEN Requests Comments on Renewal of the OMB Control Number for Bank Secrecy Act Regulations Requiring Information Sharing Between Government Agencies and Financial Institutions
On July 11, 2022, the Financial Crimes Enforcement Network (FinCEN) published in the Federal Register a 60-day notice to renew the Office of Management and Budget (OMB) control number assigned to existing Bank Secrecy Act regulations at 31 CFR 1010.520. Specifically, the regulations require that, upon receiving an information request from FinCEN, a financial institution must search its records to determine whether it maintains or has maintained any account or engaged in any transaction with an individual, entity, or organization named in the request. If a financial institution identifies an account or transaction named in the request, it must report such information to FinCEN in the manner and timeframe specified in the request. The notice is required to give the public an opportunity to comment on existing regulatory requirements and burden estimates. The notice requests feedback from industry on or before September 9, 2022. FinCEN encourages the public to review this notice and provide comment.
Notice: https://www.fincen.gov/resources/statutes-regulations/federal-register-notices/agency-information-collection-activities-25
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