12 CFR § 353.1
Purpose and scope
November 10, 2020
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.
[85 FR 3247, Jan. 21, 2020]