FinCEN customer ID program info collections under renewal

The Financial Crimes Enforcement Network (FinCEN) is in the process of renewing two information collections under rules requiring financial institutions and broker/dealers to develop and implement customer identification (CID) programs under the Bank Secrecy Act (BSA). No changes are proposed for the collections, and comments are due Nov. 13.

The network is also renewing its Form 105, Report of International Transportation of Currency of Monetary Instruments. This too is out for comment until Nov. 13.

CID program collection – financial institutions

CID program collection – brokers or dealers in securities and mutual funds

Form 105, Report of International Transportation of Currency or Monetary Instruments

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