BSA Forms
This BSA form requires filing when there are suspicious transactions totaling $5,000 or more that relate to possible criminal activity
What is Suspicious Activity Report (SAR)
How long do you have to file a SAR
What is 30 days from the date of detection?
This financial institution is featured as the premiere bank in the popular Harry Potter Series
What is Gringotts or Gringotts Wizarding Bank?
How many regional banks operate under the federal reserve?
What is 12?
This singer was crowned the winner of the first American Idol back in 2002
Who is Kelly Clarkson?
This BSA form is filed when there are 10,000 in cash transactions or more
What is a Currency Transaction Report.
How long do you have file a CTR
What is 15 days from the date of the reportable transaction
Christian Bale's character Patrick Bateman from the Popular film American Psycho had this as a profession.
What is investment banker?
This federal regulation allows information directly between financial institutions upon requests.
What is 314(b)?
In the United Kingdom, what is the day after Christmas called?
What is boxing day?
This IRS form falls under BSA and is used by businesses to report cash payments in the course of trade or business of $10,000 or more (aggregate value) in a single transaction or related transactions. These payment can take place over within a calendar year and must be filed within 15 days of receiving the cash
What is Form 8300
What year did SAR reporting become electronic filing only
This movie provides an eccentric behind the curtains look at the 2008 financial crisis and the hedge fund managers who bet against the housing market
What is the Big Short?
In what year was the Federal Reserve established
When was 1913?
This historic mission put the first humans on the moon.
What was Apollo 11?
A FinCEN form filed as a mandatory disclosure required by the U.S. government for anyone physically transporting, mailing, or receiving more than $10,000 in cash or monetary instruments into or out of the United State
What is CMIR or FinCEN form 105
In what year was the bank secrecy act enacted
When was 1970?
These are used as currency in the popular game and T.V. show fallout.
What are caps/bottle caps?
What is the largest denomination of currency ever issued by the U.S. government?
This natural wonder is commonly referred to as "the Lungs of the World"?
What is the Amazon Rainforest?
This form is used by banks and depository institutions to exempt eligible customers (such as government entities, publicly traded companies, payroll services, and other qualified businesses) from currency transaction reports (CTRs)
What is Designation of Exempt Persons (DOEP)
What are the pillars of BSA compliance?
What are Internal controls, a designated BSA officer, regular training for employees, independent testing, and a Customer Due Diligence program.
Who was the main character of the popular film Wolf of Wall Street (2013).
Who is Jordan Belfort
This federal regulation requires information between financial institutions and law enforcement upon request, when an account is suspected of being involved in significant money laundering or terrorist financing.
What is 314(a)?
In the Disney tale snow white, she was accompanied by these 7 titular dwarfs.
Who are Doc, Grumpy, Happy, Sleepy, Bashful, Sneezy, and Dopey.