FDIC Chairman Hill Issues Statement on Proposal to Implement the Bank Secrecy Act Program Rule
April 08, 2026
April 08, 2026
WASHINGTON, April 8 -- The Federal Deposit Insurance Corporation issued the following statement on April 7, 20226, by Chairman Travis Hill on the proposal to implement the Bank Secrecy Act program rule:
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In 2021, Congress passed the AML Act,/1 the most substantial overhaul of the Bank Secrecy Act (BSA) in a generation, and the first since the USA Patriot Act was signed into law in 2001. In the AML Act, Congress directed FinCEN and the banking agencies to, among oth . . .
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In 2021, Congress passed the AML Act,/1 the most substantial overhaul of the Bank Secrecy Act (BSA) in a generation, and the first since the USA Patriot Act was signed into law in 2001. In the AML Act, Congress directed FinCEN and the banking agencies to, among oth . . .