Bank Secrecy Act (BSA)
Requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.
The Patriot Act, which amends the Bank Secrecy Act (BSA), was adopted in response to the September 11, 2001 terrorist attacks. The Patriot Act is intended to strengthen U.S. measures to prevent, detect, and prosecute...
A relationship entered into between a small bank and a big bank in which the big bank provides a number of deposit, lending, and other services.