Cease-and-Desist Order Policy Released by Banking Agencies for BSA Compliance
Author: John Ensminger.
Source: Volume 21, Number 04, March/April 2008 , pp.48-49(2)
< previous article |next article > |return to table of contents
Abstract:
An interagency statement issued jointly by the Federal Reserve, the FDIC, the OCC, the OTS, and the NCUA, sets forth policies regarding issuance of cease-and-desist orders. 1 The guidance indicates that super visory concerns regarding to a bank,s BSA compliance program may be communicated by various methods.Keywords: Bank Secrecy Act Compliance
Affiliations:
.