Bank Secrecy Act for Managers: 05. Exceptions to the Rule

Bank Secrecy Act for Managers: 05. Exceptions to the Rule

Learning objectives

  • Gain an understanding of the exceptions to the rules of BSA/AML guidelines.

Course overview

Bank Secrecy Act/Anti-Money Laundering regulations provide guidelines for banks to exempt certain businesses from CTR requirements. There is a category of businesses that are automatically exempt from CTR reporting, and then there are those businesses that your bank has exempted. It's important to point out that while we'll be looking at CTR exemptions in this course, there are no exemptions for SARs.
  • 5 minutes
  • Format: Video
  • English
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