BSA Crossword Puzzle

3. Due Diligence, The newest pillar, this requires that bank understand the nature and purpose of the customer relationship.
6. BSA stands for Bank ___________ Act
7. As one of the pillars of BSA, this must be conducted annually.
10. “PEP” stands for _____________ Exposed Person.
11. “PSP” stands for _______________ Service Provider.
14. The four pieces of information you must collect for CIP are Name, DOB, SSN/TIN, and this.
15. AML stands for Anti-Money ___________.
16. We must keep a log of when customers purchase a ________ instrument for cash when the amount is between $3,000 and $10,000.

1. When it comes to CTR filings there are two parties that must be identified, the Transactor and the ___________.
2. The term used to describe transactions that are purposefully conducted in a way to avoid the CTR filing threshold.
4. To be considered a beneficial owner, the individual must own ____ percent or more equity interest in the legal entity.
5. This is the last stage of money laundering, the funds appear to have been obtain or gained legally.
8. This must be filed anytime an individual has cash out or cash in of more than $10,000 in one day.
9. In this stage of money laundering the goal is to get the illegal funds into the financial system.
12. This department of treasury maintains the SDN list.
13. In this stage of money laundering the goal is to create a confusing paper trail, moving funds around via complex series of transactions.