FinCEN Seeks Members for Bank Secrecy Act Panel


The Financial Crimes Enforcement Network (FinCEN), a branch of the Treasury Department, published a notice that it is seeking nominations of financial institutions and trade groups for membership on the Bank Secrecy Act Advisory Group (BSAAG). Membership is open to financial institutions and trade groups. New members will serve three-year terms and must designate one individual to represent that member at plenary meetings.

 

The BSAAG, which was created by the Annunzio-Wylie Anti-Money Laundering Act of 1992, includes representatives from federal regulatory and law enforcement agencies, financial institutions, and trade groups with members subject to the requirements of the Bank Secrecy Act (BSA). The BSAAG advises the Treasury secretary on the BSA’s operations and makes policy recommendations.

 

Based on current openings, FinCEN is seeking applications from the following sectors or types of organizations with experience working on the BSA:

 

  • State Governments (one vacancy)
  • Industry Trade Groups—Banking (one vacancy)
  • Industry Trade Groups—Casino (one vacancy)
  • Industry Trade Groups—Money Services Businesses (one vacancy)
  • Industry Trade Groups—Precious Metals, Stones and Jewels (one vacancy)
  • Industry Trade Groups—State (one vacancy)
  • Industry Representatives—Banking (three vacancies)
  • Industry Representatives—Money Services Businesses (one vacancy)
  • Industry Representatives—Securities/Futures (one vacancy)

 

Nominations are due Feb. 24. Applications may be mailed to Regulatory Policy and Programs Division, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 or e-mailed to BSAAG@fincen.gov.

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