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A residential mortgage loan originator notices a borrower structuring a large cash down payment into several deposits just under the reporting threshold. Under the Bank Secrecy Act, where must the company file a report of this suspicious activity?
a.With the local police department
b.With the Consumer Financial Protection Bureau
c.With the Financial Crimes Enforcement Network (FinCEN)
d.With the Federal Reserve Board
Giải thích
Suspicious Activity Reports (SARs) required under the BSA are filed with FinCEN, the bureau of the U.S. Treasury that administers anti-money laundering rules. Since 2012, non-bank residential mortgage lenders and originators must maintain an AML program and file SARs. The CFPB and police are not the recipients of SAR filings.
Trích dẫn luật: Bank Secrecy Act / Anti-Money Laundering (FinCEN rules)Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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