Skip to Content


Financial Crimes Enforcement Network; Bank Secrecy Act Advisory Group; Solicitation of Application for Membership

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble


Financial Crimes Enforcement Network (“FinCEN”), Treasury.


Notice and request for nominations.


FinCEN is inviting nominations from the public for membership on the Bank Secrecy Act Advisory Group. New members will be selected for three-year membership terms.


Nominations must be received by January 27, 2017.


Nominations must be emailed to

Start Further Info


FinCEN Resource Center at 800-767-2825.

End Further Info End Preamble Start Supplemental Information


The Annunzio-Wylie Anti-Money Laundering Act of 1992 required the Secretary of the Treasury to establish a Bank Secrecy Act Advisory Group (BSAAG) consisting of representatives from federal regulatory and law enforcement agencies, financial institutions, and trade groups with members subject to the requirements of the Bank Secrecy Act, 31 CFR 1000—1099 et seq. or Section 6050I of the Internal Revenue Code of 1986. The BSAAG is the means by which the Treasury receives advice on the operations of the Bank Secrecy Act. As chair of the BSAAG, the Director of FinCEN is responsible for ensuring that relevant issues are placed before the BSAAG for review, analysis, and discussion.

FinCEN invites BSAAG membership nominations for financial institutions, trade groups, and non-federal regulatory and law enforcement agencies. New members will be selected to serve a three-year term and must designate one individual to represent that member at plenary meetings. The designated representative should be knowledgeable about Bank Secrecy Act requirements and must be able and willing to make the necessary time commitment to participate on committees throughout the year by phone and attend biannual plenary meetings held in Washington, DC, in May and October.

It is important to provide complete answers to the following items, as nominations will be evaluated on the information provided through this process. There is no formal application; interested organizations may submit their nominations via email or email attachment. Nominations should consist of:

  • Name of the organization requesting membership
  • Point of contact, title, address, email address and phone number
  • Description of the financial institution or trade group and its involvement with the Bank Secrecy Act, 31 CFR 1000-1099 et seq.
  • Reasons why the organization's participation on the BSAAG will bring value to the group

Organizations may nominate themselves, but nominations for individuals who are not representing an organization will not be considered. Members will not be remunerated for their time, services, or travel. In making the selections, FinCEN will seek to complement current BSAAG members Start Printed Page 95734in terms of affiliation, industry, and geographic representation. The Director of FinCEN retains full discretion on all membership decisions. The Director may consider prior years' applications when making selections and does not limit consideration to institutions nominated by the public when making selections.

Start Signature

Jamal El-Hindi,

Acting Director, Financial Crimes Enforcement Network.

End Signature End Supplemental Information

[FR Doc. 2016-31323 Filed 12-27-16; 8:45 am]