BSA Crossword Puzzle
Across
- 3. This department of treasury maintains the SDN list.
- 5. This is the last stage of money laundering, the funds appear to have been obtain or gained legally.
- 6. Due Diligence, the newest pillar, requires that bank understand the nature and purpose of the customer relationship.
- 8. We must keep a log of when customers purchase a ________ instrument for cash when the amount is between $3,000 and $10,000.
- 10. This must be filed anytime an individual has cash out or cash in of more than $10,000 in one day.
- 12. In this stage of money laundering the goal is to create a confusing paper trail, moving funds around via complex series of transactions.
- 14. When it comes to CTR filings there are two parties that must be identified, the Transactor and the ___________.
- 15. To be considered a beneficial owner, the individual must own ____ percent or more equity interest in the legal entity.
- 16. The four pieces of information you must collect for CIP are Name, DOB, SSN/TIN, and this.
Down
- 1. The term used to describe transactions that are purposefully conducted in a way to avoid the CTR filing threshold.
- 2. AML stands for Anti-Money ___________.
- 4. “PSP” stands for _______________ Service Provider.
- 7. BSA stands for Bank ___________ Act
- 9. As one of the pillars of BSA, this must be conducted annually.
- 11. In this stage of money laundering the goal is to get the illegal funds into the financial system.
- 13. “PEP” stands for _____________ Exposed Person.