From health tips to tech hacks, find it all on IDNLearn.com. Join our knowledgeable community and get detailed, reliable answers to all your questions.
One of the consequences for a BSA violation could be the:
A.
Requirement that the institution establish a "fraud" fund
B.
Imposition of civil and criminal penalties for each day it remains a violation
C.
Payment of restitution to victims of the violation
B. Imposition of civil and criminal penalties for each day it remains a violation
This refers to the consequences of violating the Bank Secrecy Act (BSA), which include both civil and criminal penalties that can accumulate for each day the violation continues.
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find clear and concise answers at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.
