Bank Secrecy Act
nounid
1643·updated May 12, 2026candidate
The Currency and Foreign Transactions Reporting Act, also known as the Bank Secrecy Act (BSA), and its implementing regulation, 31 CFR 103, is a tool the U.S. government uses to fight drug trafficking, money laundering, and other crimes. Congress enacted the BSA to prevent banks and other financial service providers from being used as intermediaries for, or to hide the transfer or deposit of money derived from, criminal activity.
MWE
Classifications
Entity Type
Framework0%rule-basedmulti_axis_classifier_low_confidence.v1
Sensitivity
Regulated95%llm-generatedllm:claude-haiku-4-5
Information Class
—90%llm-generatedllm:claude-haiku-4-5
Variants
- plural
- Bank Secrecy Acts
- possessive
- Bank Secrecy Act's
- pluralpossessive
- Bank Secrecy Acts'
Framework definitions
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- The Currency and Foreign Transactions Reporting Act, also known as the Bank Secrecy Act (BSA), and its implementing regulation, 31 CFR 103, is a tool the U.S. government uses to fight drug trafficking, money laundering, and other crimes. Congress enacted the BSA to prevent banks and other financial service providers from being used as intermediaries for, or to hide the transfer or deposit of money derived from, criminal activity.
Outgoing relationships
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Incoming relationships
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