Purpose and scope.

CFR · 2024-01-01 · US · Title 12

The purpose of this part is to ensure that an FDIC supervised institution 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 FDIC supervised institutions.

official document · source cfr-2024 · id 12:§ 353.1