Bank Secrecy Act (BSA)
Requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.
Under SEC rules, safe-harbor provisions protect management from liability for making financial projections and forecasts made in good faith.
Any public or private bank, credit union, or savings and loan, subject to national and state banking laws, and capable of both accepting deposits and making loans. These institutions collect funds from the public or...