Lexis Nexis Bank Secrecy Act and Anti-Money Laundering Service
Select a format
International Order Inquiry
Select subscription type
Terms & conditions
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing customer.support@lexisnexis.com; or returning the invoice marked "CANCEL".
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
The total price includes the product(s) listed in the Order Form and any Updates for a limited period (minimum period of 30 days) after the order is placed ("Order Window"). Shipping and handling fees are not included in the grand total price.
All shipments may be returned, at subscribers' expense, for full credit of the Price within 30 days of receipt.
Shipments may not be returned, and no credits will be issued, more than 30 days after receipt.
After the Order Window, subscribers will receive notice of Updates along with the then-current grand total price and order process as Updates become available. Subscribers will only be shipped those Updates they specifically request.
Product description
View a sample of this title using the ReadNow feature
The Bank Secrecy Act and Anti-Money Laundering Service provides step-by-step guidance to help you stay in compliance. From guidelines on what you need to do to comply, to checklists that help you maintain good internal controls, this single comprehensive service covers it all in detail. It includes examples of typical money laundering schemes, sample BSA and OFAC policies, and sample training materials.
The manual focuses on what your examiners will really be looking for:
• An effective money laundering detection and deterrence program
• An independent testing system
• A good system of internal controls
You'll get the information you need on e-filing the FinCEN forms, BSA compliance exams, customer due diligence guidelines and procedures, high-risk accounts in international banking, and wire transfer requirements.
Subscribers will receive a downloadable file containing editable forms
eBooks, CDs, downloadable content, and software purchases are noncancelable, nonrefundable and nonreturnable. Click here for more information about LexisNexis eBooks. The eBook versions of this title may feature links to Lexis+® for further legal research options. A valid subscription to Lexis+® is required to access this content.
Featured Authors
Dena Somers
Dena Somers is a founding partner of Finreg Partners, a regulatory compliance and risk management firm for the banking, Fintech, and financial services industries. Drawing on more than 20 years of combined in-house and legal/consulting experience in the mortgage, consumer lending, and specialty finance sectors, Ms. Somers helps clients navigate complex regulatory and compliance challenges by providing hands-on expertise in developing and designing enterprise-wide CMS and GRC programs for banks and rapidly evolving companies in highly regulated industries, including Fintech, cannabis banking, money service businesses, and online consumer lending.
As a leading practitioner in her field, Ms. Somers provides compliance training to regional and community banks nationwide and authors numerous publications for LexisNexis in all areas of regulatory compliance for the banking industry. She has served as an expert witness in both federal and state courts and is an experienced public speaker on compliance and emerging trends, having presented before the Virginia legislature, CBS news, and industry trade associations.
Table of contents
Part I: Bank Secrecy Act
Chapter 1 Overview of the Bank Secrecy Act
Chapter 2 Establishing and Managing a BSA Compliance Program
Chapter 2A Customer Identification Procedures
Chapter 3 Recordkeeping Requirements
Chapter 4 Reporting Currency Transactions
Chapter 4A Reporting Suspicious Activity
Chapter 5 Funds Transfer Recordkeeping Requirements
Part II: Anti-Money Laundering
Chapter 6 Overview of Anti-Money Laundering
Chapter 6A Anti-Money Laundering and the USA PATRIOT Act
Chapter 7 Asset Forfeiture
Chapter 8 Developing and Implementing an Effective Customer Due Diligence Program
Chapter 9 Electronic Money Laundering Schemes
Chapter 10 High Risk Accounts in International Banking
Chapter 11 Office of Foreign Assets Control
Part III: Appendices
Appendix A FAQs on 31 CFR Chapter X
Appendix B Treasury — Specially Designated Nationals and Blocked Persons Master List Published by OFAC
Appendix C Sanctions by Country or Targeted Group
Appendix D SAR Activity Review — October 2012
Appendix E Frequently Asked Questions About Complying with the BSA and OFAC
Appendix F U.S. Money Laundering Threat Assessment
Appendix G OFAC Economic Sanctions Enforcement Guidelines
Appendix H FinCEN Special Due Diligence Programs for Certain Foreign Accounts
Appendix I FinCEN Mortgage Loan Fraud Update
