Exemptions to Suspicious Activity Report Requirements

Activity

Bank Policy Institute filed 1 comment on this docket between Feb 23, 2021 and Feb 23, 2021. 4 other organizations filed here. The comment window closed 1982d ago.

What Bank Policy Institute filed (1)

Abstract

The OCC is inviting comment on a proposed rule that would modify the requirements for national banks and federal savings associations to file Suspicious Activity Reports. The proposed rule would amend the OCC’s Suspicious Activity Report regulations to allow the OCC to issue exemptions from the requirements of those regulations. The proposed rule makes it possible for the OCC to grant relief to national banks or federal savings associations that develop innovative solutions intended to meet Bank Secrecy Act requirements more efficiently and effectively.

• Bank Policy InstituteTHIS ORG

  1 filing · confidence 97%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• Dow Chemical Employees' Credit Unionunverified attribution

  1 filing · confidence 70%
• Financial Accountability and Corporate Transparency (FACT) Coalitiontrade assoc.

  1 filing · confidence 85%
• Wisconsin Bankers Associationtrade assoc.

  1 filing · confidence 97%