1 / 9

Presented by: Gary E. Watkins, Program Analyst – BSA SB/SE Stakeholder Liaison

IRS / BSA Program. Presented by: Gary E. Watkins, Program Analyst – BSA SB/SE Stakeholder Liaison. Service + Enforcement = Compliance. IRS / BSA Program. Identification of MSB’s Education and Outreach Compliance Examinations. Identification of MSB’s. State Provided Information

jersey
Télécharger la présentation

Presented by: Gary E. Watkins, Program Analyst – BSA SB/SE Stakeholder Liaison

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. IRS / BSA Program • Presented by: • Gary E. Watkins, • Program Analyst – BSA • SB/SE Stakeholder Liaison

  2. Service + Enforcement = Compliance

  3. IRS / BSA Program • Identification of MSB’s • Education and Outreach • Compliance Examinations

  4. Identification of MSB’s • State Provided Information • CBRS Database • Leads from other Federal Agencies • Anecdotal Reports

  5. Education and Outreach • SB/SE Stakeholder Liaison • BSA SL’s located in the six top high risk money laundering areas • Outreach Program designed to reach both registered and unregistered MSB’s through.. • Industry Associations, Practitioner Organizations, State Governments, etc, • FinCEN Projects

  6. Compliance Examinations • Non-Bank Financial Institutions: • Compliance with BSA, Title 31 • Trade or Business: • Compliance with Form 8300, Title 26 (§ 6050I) and Title 31 (§ 5331)

  7. Resources • Questions on filing: • IRS Detroit Computing Center at 1-800-800-2877 • Questions on interpreting BSA regulations: • FinCEN Regulatory Helpline at 1-800-949-2732 • To get forms: • IRS Forms Distribution Center at 1-800-829-3676 • Information: • FinCEN: www.fincen.gov • IRS: www.irs.gov

  8. BSA e-Filing • Free service • More secure than paper or magnetic media • Fast and cost effective • BSA e-Filing Help Desk (1.888.827.2778) http://bsaefiling.fincen.treas.gov

  9. Questions ? Gary E. Watkins Program Analyst, BSA SB/SE Stakeholder Liaison HQ Office: 803.253.3960 E-Mail: Gary.E.Watkins@irs.gov

More Related