12 C.F.R. § 353.1 Purpose and scope.
Title 12 - Banks and Banking
The purpose of this part is to ensure that an insured state nonmember bank files a Suspicious Activity Report when it detects a known or suspected criminal violation of federal law or a suspicious transaction related to a money laundering activity or a violation of the Bank Secrecy Act. This part applies to all insured state nonmember banks as well as any insured, state-licensed branches of foreign banks.
Title 12: Banks and Banking
PART 353—SUSPICIOUS ACTIVITY REPORTS
§ 353.1 Purpose and scope.
