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To: Fr: Re: Date:BSA/AIA Board of Directors and BSA Foundation Board of Trustees Gregory Minott AIA, President, and Ted Touloukian AIA, Chair September Joint Boards meeting agenda Thursday, September
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Gather all necessary information and documentation required to fill out the BSA form.
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Individuals or entities engaged in financial transactions or activities that are subject to the Bank Secrecy Act (BSA) regulations need to fill out BSA forms.
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BSA stands for Bank Secrecy Act, and BSA Foundation refers to the foundation of compliance programs related to anti-money laundering regulations.
Financial institutions such as banks, credit unions, and other money service businesses are required to file BSA reports including the BSA Foundation.
BSA reports, including the BSA Foundation, are typically filled out electronically through FinCEN's BSA E-Filing system.
The purpose of BSA reports, including the BSA Foundation, is to help detect and prevent money laundering and other financial crimes.
The BSA Foundation requires information about a financial institution's compliance with anti-money laundering regulations and any suspicious activities detected.
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