Amends and modernizes the financial institution Secrecy Act
Amends and modernizes the financial institution Secrecy Act Provides for longer whistleblower benefits and you can protections, establishment of an excellent control registration databases as followed because of the the newest Financial Crimes Administration Network (FinCEN), the newest Bank Secrecy Work (BSA) violations and you will increased BSA penalties getting recite and you will egregious …