Federal Reserve Issues Spanish-Language Version of Examination Manual
The Federal Reserve Board recently announced the release of a Spanish-language version of the 2010 Bank Secrecy Act/Anti–Money Laundering Examination Manual, produced jointly by the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.
The manual, published by the Federal Financial Institutions Examination Council, guides financial institutions through the policies, procedures, and processes associated with the Bank Secrecy Act, helping them guard against money laundering and terrorist financing.
The Spanish version aims "to make the regulatory expectations regarding Bank Secrecy Act/Anti–Money Laundering compliance programs accessible to a wider group of people," according to a Federal Reserve press release.
Both the Spanish- and English-language versions of the Bank Secrecy Act/Anti–Money Laundering Examination Manual are available online.
March 30, 2011