Bank Secrecy Act (BSA): Primary anti-money laundering law in the US that requires financial institutions to assist government agencies in detecting and preventing money laundering.
USA PATRIOT Act: Requires financial institutions to implement customer identification programs and verify the identity of persons opening accounts.
Federal Reserve Board Regulations: Set of regulations governing banking practices, reserve requirements, and operational standards for banks in the United States.
FDIC Regulations: Rules and requirements set by the Federal Deposit Insurance Corporation for insured banking institutions.
State Corporation Laws: State-specific laws governing the formation, operation, and management of corporations, including requirements for corporate resolutions.
Uniform Commercial Code Article 4: Governs bank deposits and collections, including rights and responsibilities of banks and their customers.
E-SIGN Act: Federal law ensuring the legal validity of electronic signatures and records in banking and commerce.
Sarbanes-Oxley Act: Federal law establishing enhanced corporate governance and financial disclosure requirements for public companies.
BSA/AML Requirements: Comprehensive framework for anti-money laundering procedures and reporting requirements in banking operations.
OFAC Regulations: Treasury Department regulations governing transactions with sanctioned countries, entities, and individuals.
Internal Revenue Code: Federal tax laws including requirements for tax reporting and documentation of banking relationships.
FBAR Regulations: Requirements for reporting foreign bank and financial accounts to the US government.
