Bank Secrecy Act (31 U.S.C.) § 5311 — Declaration of purpose

bsa-31usc-5311

Bank Secrecy Act (31 U.S.C.), §5311 Declaration of purpose. Captured section-complete from uscode.house.gov (verbatim).

This register: .xlsx .csv

Verbatim regulatory text (2)

Verbatim provisions from Bank Secrecy Act (31 U.S.C.) § 5311 — Declaration of purpose — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

31 U.S.C. §5311

It is the purpose of this subchapter (except section 5315) to— (1) require certain reports or records that are highly useful in— (A) criminal, tax, or regulatory investigations, risk assessments, or proceedings; or (B) intelligence or counterintelligence activities, including analysis, to protect against terrorism; (2) prevent the laundering of money and the financing of terrorism through the establishment by financial institutions of reasonably designed risk-based programs to combat money laundering and the financing of terrorism; (3) facilitate the tracking of money that has been sourced through criminal activity or is intended to promote criminal or terrorist activity; (4) assess the money laundering, terrorism finance, tax evasion, and fraud risks to financial institutions, products, or services to— (A) protect the financial system of the United States from criminal abuse; and (B) safeguard the national security of the United States; and (5) establish appropriate frameworks for information sharing among financial institutions, their agents and service providers, their regulatory authorities, associations of financial institutions, the Department of the Treasury, and law enforcement authorities to identify, stop, and apprehend money launderers and those who finance terrorists.

Source: Bank Secrecy Act (31 U.S.C.) § 5311 · source URL · snapshot b0325da32921092b

31 U.S.C. §5311 note — source credit and editorial notes (not statute text)

(Added Pub. L. 116–283, div. F, title LXI, § 6101(a), Jan. 1, 2021, 134 Stat. 4549.)

Source: 31 U.S.C. §5311 note — source credit and editorial notes (not statute text) · source URL · snapshot b0325da32921092b

Get this regulation in your AI window

Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Open in Claude Open in ChatGPT

Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.

Get notified if this rule changes

One email when Bank Secrecy Act (31 U.S.C.) § 5311 — Declaration of purpose changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/bsa-31usc-5311/ · register bsa-31usc-5311 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.