Translation Services. TIS is a translation agency that provides high quality services to clients based around the world. Our wide range of services includes legal translations, financial translations, medical translations and marketing translations. Read more...Â».
The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.
Firms must comply with the Bank Secrecy Act and its implementing regulations (Anti-Money Laundering rules). The purpose of the AML rules is to help detect and report suspicious activity including the predicate offenses to money laundering and terrorist financing, such as securities fraud and market manipulation.