Bank Secrecy Act Policy – Basic Version

Table of Contents

Purpose and Contents – Topic 1
Policy Statement – Topic 2
Structure of Accountability – Topic 3
Compliance Program and Structure – Topic 4
Risk Management and Assessment – Topic 5
Suspicious Activity Reporting – Topic 6
Currency Transaction Reporting – Topic 7
Currency Transaction Reporting Exemptions – Topic 8
Information Sharing – Topic 9
Monetary Instruments – Topic 10
Funds Transfers and Record keeping Requirements – Topic 11
Anti-Money Laundering Policy Reference – Topic 12
Customer Identification Program Policy Reference – Topic 13
Office of Foreign Assets Control Policy Reference – Topic 14
Audit Policy – Topic 15
Staff Training – Topic 16
Penalties – Topic 17
Retention of Documentation – Topic 18

Recent updates to this product:
07/15/20 Update
06/01/20 Update
05/01/20 Update
01/02/20 Update
10/01/19 Update
06/03/19 Update
11/01/18 Update
07/02/18 Update
12/04/17 Update
09/05/17 Update

NOTE: This product is designed to provide the basic elements of the Bank Secrecy Act(BSA) and DOES NOT include detailed anti-money laundering,customer identification, and OFAC guidance. Please refer to the Bank Secrecy Act Policy Template – Comprehensive Version which incorporates these and other key elements of BSA regulatory guidance.

This policy template (approximately 109 pages) is in Microsoft® Word format.