On September 13th, FinCEN advised that the BSA E-Filing system is now functioning properly and it has begun an initiative to contact those institutions that are continuing to file FinCEN reports in paper format. Institutions filing reports in paper format after the mandatory deadline will receive a notice from FinCEN and will be directed to the BSA E-Filing System. Institutions are reminded that continued attempts to file reports in paper format may result in civil money penalties from FinCEN. FinCEN Notice.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact firstname.lastname@example.orgRegister
FinCEN E-Filing reminder
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email email@example.com.
Related topic hubs
Governance & Legal Coordinator
"Lexology is an excellent and extremely useful initiative. Its certainly more useful than some of the paid services that I have signed up to."