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Index/Topics/BSA/AML Program Requirements

BSA/AML Program Requirements

Regulatory requirements for banks to have policies, procedures, and escalation processes to identify, evaluate, document, and report suspicious activity.

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Jan 31, 2026

What do regulators require banks to retain in suspicious activity reporting teams and how does that affect layoff feasibility?

Regulators require banks to maintain risk‑appropriate with adequate, documented staffing, escalation procedures, timely filing and record retention — standards that constrain, but do not categorically...