Extra Credit

KYC and AML (FinCEN)

Industry standards and compliance Payments and finance
Official docs Learn KYC and AML (FinCEN) on your Mac

Official docs outline

7 sections
  1. Bank Secrecy Act

    BSA statutory framework.

  2. Customer identification program

    CIP minimum identifiers.

  3. CDD rule

    Customer due diligence and beneficial owner identification.

  4. SAR and CTR filing

    SAR and CTR thresholds and filing.

  5. OFAC sanctions screening

    SDN list screening.

  6. FFIEC BSA/AML manual

    Examination procedures and risk-based approach.

  7. FATF recommendations

    International AML standards.

Each section links to the official page. Titles and summaries by Extra Credit; the docs belong to their authors.

All 12