Postal Service IG: 'Bank Secrecy Act Compliance Program'
August 13, 2024
August 13, 2024
WASHINGTON, Aug. 13 -- The U.S. Postal Service Inspector General issued the following audit report (No. 24-043-R24) on Aug. 5, 2024, entitled "Bank Secrecy Act Compliance Program."
Here are excerpts:
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Background
To combat money laundering in the United States, Congress enacted a series of laws, collectively referred to as the Bank Secrecy Act (BSA), requiring financial institutions in the U.S. to assist government agencies in det . . .
Here are excerpts:
* * *
Background
To combat money laundering in the United States, Congress enacted a series of laws, collectively referred to as the Bank Secrecy Act (BSA), requiring financial institutions in the U.S. to assist government agencies in det . . .