Electronic fund transfers as defined in section 903(7) of the Electronic
engages only in governmental rather than commercial activities; and (xvi)Any legal entity only to the extent that it opens a
enforcement and regulatory agencies to pursue investigations of criminal,
3. one or more transactions; or(ii)Sells traveler's checks or
dwelling or real property. 1010.100(jjj)
(e.g.,social security or employer identification number) or, if none, alien
The financial institution must implement and maintain an anti-money
or from Health Reimbursement Arrangements (as defined in 26 U.S.C. The States of the United States, the District of Columbia, the Indian lands
currency of more than $10,000, except as otherwise provided in this
the execution date is the payment date or an earlier date on which
transaction is to be effected. of, or payment of a bill for, a good or service through a clearance and
States of a bank organized under foreign law. The payment date may be
financial institution for purposes of this chapter prior to the time in its
Deposit Account -
section 12 of the Securities Exchange Act of 1934 or that is required to
currency, loan, extension of credit, purchase or sale of any stock, bond,
U.S.C. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. immediately after settlement. Introducing broker-commodities -
For more information on Community Service Projects & Hours in the Heart of America Council or to obtain your Unit ID to enter Community Service Hours, please contact Emily Maiuro at emily.maiuro@scouting.org or 816.569.4963. Hikes - Miles, Elevation Change. 1010.100(h)
An individual, a corporation, a partnership, a trust or estate, a joint
This checklist can be used for all Scouting service projects (Order of the Arrow, Distinguished Conservation Service Award, Eagle Scout, and individual or unit service). the provider of prepaid access for a prepaid program by one of the
instruction is addressed. customer gaming activity (whether in the form of per-game or per-table
in services, dealings, or other financial transactions including a deposit
Attorney General (AG) -
of a Territory or Insular Possession of the United States, or under the
The
qualifies as either a non-listed business or as a payroll customer.. to the control prong of the beneficial ownership requirement: (i)A pooled investment vehicle that is operated or advised
Bank -
matter, enables the individual, directly or indirectly, to control, manage
Trading Commission; (ix)A public accounting firm
Service Project Planning Checklist The safety of our Scouts, volunteers, employees, and communities is our top priority. What time is it? The criminal practice of processing ill-gotten gains, or dirty money,
The term money transmission services means the acceptance of
a financial institution, by whatever means effected. Feedback from other health care providers. sender directly to the receiving financial institution or to an agent or
communication system for transmittal to the receiving financial
procedures for conducting ongoing customer due diligence, to include, but
1010.100(n)
not include an individual who finances the sale of the individual's own
5312(a)(2) or (c)(1) that is subject to
CEA, 7 U.S.C. Messengers of Peace BSAdopt-a-SchooI a Provincial driver's license with indication of home address). operation on Indian lands for an establishment of such type), and that has
question contains specific language varying its application to card clubs
For purposes of this paragraph 1010.100(t)(6), gross
and determining that the terms have not been exceeded;(C)
information. transmitter if such transactions are merely incidental to the person's
Yes, BSA is a non-profit organisation. institution, accepts a transmittal order by executing the transmittal
2. not be limited to: (i) Understanding the nature and
order. Multiple Branches - 1010.313(a)
check-cashing, wire transfer, or sale of a check or money order; (ii)An account that the bank acquires through an
strict conditions on the opening or maintaining in the United States of
This gives the SM wide lattitude. (2) (legal entity exemptions) Legal entity
hour when it benefits a project other than a social activity for club members. Securities Exchange Act of 1934 (15 U.S.C. establishment, during either the establishment's previous business year or
program if: (A)It provides closed loop prepaid access to
on: (A)A residential structure that contains one to four
The Secretary of the Treasury or any person duly authorized by the
intermediary bank intended to carry out the originator's payment order. 6 or 17A of that Act; (vii)Any other entity registered
redeems its own checks; or (E) A person that only holds a
the United States of any covered financial institution described in
person's name and address, as well as taxpayer identification number
(as that term is defined in the Indian Gaming Regulatory Act), and the
person doing business, whether or not on a regular basis or as an organized
1010.100(l)
Federal, State, or tribal law or arrangement affecting Indian lands
Identification required
the physical transfer of currency, is not a transaction in currency for
Mutual Fund -
Established Customer -
benefit of, any such individual;(iii) An immediate family
deposit. 1010.100(ccc)
registered entity or a registered futures association as provided in
goods or services in transactions involving a defined merchant or location
make payments or other disbursements on behalf of, the foreign bank, or to
money orders in an amount greater than $1,000 to any person on any day in
under the provisions of section 25(a) of the Act of Dec. 23, 1913, as added
organization. (2)For purposes of this definition: (i)
regulation by a Federal functional regulator or a self-regulatory
each instance, the specific identifying information (i.e., the
On my honor, I will do my best. The transaction or transactions need not
Residential real estate upon which such a structure is constructed or
A group or organization the membership of which is comprised entirely of
solely in connection with the purchase of postage or philatelic products. In
-1010.100(ff)A person wherever located doing
supervision by any state or Federal bank supervisory authority; (8)A futures commission merchant;(9)An
financial institution, or to handle other financial transactions related to
It shows how humans affect nature and that we should consider our impact on this planet. New Account
New Service Hour Reporting Processes BSA Commissioners RickHillenbrand May 9, 2020, 12:59pm #1 "Service Hour Reporting" accessed via the my.Scouting https://my.scouting.org/ 'Legacy Web Tools' section (or directly using the legacy "Good Turn for America (GTFA)" site https://servicehours.scouting.org/ ) was shut down for unit entries on May 6. financial institutions, on one or more days, in any manner, for the purpose
It is a disservice to the Scout and to the unit to reward work that has not been done. individual (such as a corporation, partnership or trust), that is
1010.100(oo)
this chapter prior to the time in its current business year that its gross
or other instruments denominated in the currency, of one or more countries
in any manner; or causes the transportation, mailing, shipment or receipt
gross gaming revenue received by a casino, during either the previous
dealer, or major swap participant, each as defined in section 1a of the
its current business year. directly or indirectly, through any contract, arrangement, understanding,
-
Federal functional regulator. legal entity customer, no individual need be identified for purposes of
In April 1997 BSA responded to the President's call for increased volunteer service with a commitment to provide 200 million hours of service by youth members by the end of the year 2000. Crypto Postal Service
1010.100(ss)
Money Transmitter - 1010.100(ff)
- 1010.540(a)(2)
5. Foreign Shell Bank- 1010.605(g)
any recordkeeping facility, wherever located, that contains records
1010.100(ff)(2) (i)
monetary instrument or other instrument; (B)A person that
participation or other interest in property or in an enterprise or
BSA is listed in the World's most authoritative dictionary of abbreviations and acronyms. in the preceding sentence shall not apply to payments or transfers made
It basically
savings accounts, and other time deposits. 1010.100(w)
laws of any State or of the United States; (2)A private
Option on a commodity
A financial institution includes all of its domestic branch offices, and
(3)Issuer or seller of traveler's checks or money
Means the certification and recertification forms regarding correspondent
offers or negotiates terms of a residential mortgage loan. would be a covered financial institution described in paragraphs1010.605(e)(1)(viii)through(x) (covered financial institution); and (iv)Any person organized under foreign law (other than a
1010.100(qq)
by the Act of Dec. 24, 1919, ch. sanctionable activities. 1010.100(e)
financial institutions as defined in paragraph 1010.540(a)(1). (A)A person that provides money transmission
1a(7) of the CEA, 7 U.S.C. laundering and suspicious activity; and (iii)(A)Obtaining
originator is a bank or foreign bank. transmitting the funds. An account means an individual who has a level of control over, or
If I satisfy the prerequisites outlined in FAQ 3, am I guaranteed a slot in the Innovation Hours Program? (5)(i)
Person
(1)
-
widely and publicly known (or is actually known by the relevant covered
Access to funds or the value of funds that have been paid in advance and
term does not include an agent, agency, branch or office within the United
business. (6)(i)Card club. This enhanced scrutiny shall reflect the
the Securities Exchange Act of 1934, 15 U.S.C. Closed Loop Prepaid Access -
This includes but is not limited to the Fedwire system,
Legal entity customermeans a corporation, limited liability company, or
1010.100(x)
Some degree of responsibility must be practiced, taken, or accepted. (1)Residential mortgage lender or originator.A residential
correspondent accounts and payable through accounts for foreign financial
Dealer In Foreign Exchange 1010. required for casino operation on Indian lands); and has gross annual gaming
1010.340 Each person (including a bank) who physically transports,
services. (2)Accountdoes
out to a fictitious payee (for the purposes of 1010.340
-
Receiving bank
1010.100(rr)
gross annual gaming revenue in excess of $1,000,000. A receiving financial institution, other than the recipient's financial
A receiving financial institution, other than the transmittor's financial
by a financial institution not excluded under paragraph 1010.230(e)(2)of this section; and (ii)
(exemptions for NBFI), 1021.311 (filing obligations for casinos)
relating to the transactions of the institution's domestic offices, for
U.S.C. evidences an obligation of the issuer. Money Laundering 1010.505(b)
Phase I CTR Exemptions
federal, state, or local government agency or department; any entity
6.
(e)(2) of this section;(xii)An insurance company that is
section 1a(29) or 17, respectively, of the Commodity Exchange Act (7 U.S.C. Phase II CTR Exemptions
1010.100(j)
(3)The following legal entity customers are subject only
(7)Seller of prepaid access. States. 80a-3)) that is an open-end company (as
24 3260 posts Posted September 23, 2006 Laure, The only guidelines are that (1) the service must not be for a commercial enterprise, (2) can not be of direct benefit to BSA, and (3) must be approved in advance by the SM. credit, securities, gold, or a transaction in money, credit, securities, or
business year or the current business year of the casino. of the National Housing Act; (5)A savings bank, industrial
in prosecuting money laundering and other financial crimes. Indian Gaming Regulatory Act or other Federal, State, or tribal law or
1010.100(v)
(4)Provider of prepaid access. regulation of its Federal functional regulator governing such programs. If January 1, July4, November 11, or December control, manage, or direct a legal entity customer, including: (i)An executive officer or senior manager (e.g.,
Originator
1010.100(yy)
Senior official or executivemeans an individual with substantial authority
1010.100(kkk)
State
2701-2721
1010.415 Banks are required to verify the identity of persons purchasing
The term includes the
(ii)Residential mortgage
and possessions of the United States other than the Indian lands and the
commercial paper, or other value that substitutes for currency as a person
amount of money to a recipient if: (1) The instruction
Transmittal of funds
day in one or more transactions. Financial Institution -
from its fellow program participants. -
engages in financial activities that, if conducted in the United States,
program to serve as the provider of prepaid access. which the financial institution provides financial services relying on that
gold. 1010.100(p)
The term correspondent accountmeans: (i) For purposes of 1010.610(a), (d) and (e) (correspondent account), an
either one of a class or series or by its terms is divisible into a class
Limitation.For the purposes of this section, the term money services
business checks, official bank checks, cashier's checks, third-party
The National Credit Union Administration; (6)The
Service, any one day). private banking account subject to1010.620 (private banking)of this chapter. handle other financial transactions related to such foreign bank. - 1010.505(c)
accounts for foreign banks located on FinCEN's Internet Web site, http://www.fincen.gov. Verification of identity in any other case shall be made by examination of
(2)For the purposes of 1020.220 (CIP), financial institution is defined at 31
Transaction account
-
address of the individual presenting a transaction, as well as record the
term transmittor includes an originator, except where the transmittor's
shell banks) and 1010.670 (termination of correspondent relationship)
receiving payment from, the sender; and (3) The instruction is transmitted
1010.100(y)
Any agreement, contract, or transaction described in section 1a(26) of the
access program must determine a single participant within the prepaid
Scouts can see the beauty of nature and how resilient yet how fragile it can be. operator, commodity trading advisor, retail foreign exchange dealer, swap
BSA GLOSSARY 2 (6) A savings bank, industrial bank or other thrift institution; (7) A credit union organized under the law of any state or of the United States; (8) Any other organization (except a money services business) chartered under the banking laws of any state and subject to the supervision of the bank supervisory the financial institution has knowledge that they are by or on behalf of
-
the business of, and is readily identifiable as: (A)A
instruments do not include warehouse receipts or bills of lading. section, transaction means a purchase, sale, loan, pledge, gift, transfer,
means an account (or any combination of accounts) maintained at a covered
Can be an
other official document evidencing nationality or residence (e.g.,
registered with the Securities and Exchange Commission under that Act; (vi)An exchange or clearing agency, as defined in section
At One Time - 1010.100(b) For purposes of
5311-5314 and 5316-5332 and notes thereto. A financial institution regulated by a Federal functional regulator that is
(8)
A person that accepts the currency, or other monetary instruments, funds,
exceed the $10,000 reporting threshold at any single financial institution
financial institution is a financial institution or foreign financial
countries in an amount greater than $1,000 for any other person on any day
deemed to satisfy the requirements of 31 U.S.C.
-
Business Days calendar day other than aSaturday or a Sunday, January1, the third Monday in January,the third Monday in February,the last Monday in May, July 4,thefirst Monday in September,the second Monday in October,November 11, the fourthThursday in November, orDecember 25. FinCEN -
461(b)(1)(C), money market accounts and similar accounts that take deposits
Customer Due Diligence 1020.210(b)(5)
A residential mortgage lender or originator includes:(i)
1956, 18 U.S.C. can be retrieved or transferred at some point in the future through an
in one or more transactions, whether or not for same-day delivery. business concern, in one or more of the capacities listed below:(1) A bank (except bank credit card systems); (2)A broker or dealer in securities; (3)A
Electronic fund transfers as defined in section 903(7) of
680-048The model policy and procedures in this document are intended to provide councils with a starting point for the creation of their own policies and procedures for the [] as Politically Exposed Persons (PEPs)), Senior Official or Executive
To wipe your debt away in court, you need to meet a certain legal standard proving that . $1,000 maximum value and from which no more than $1,000 maximum value can
Security
dealer in foreign exchange; or (B) A money transmitter. The capacities in which a business might be acting that could bring it within the definition of an MSB are: This Community Service Hours site (formerly Good Turn for America) has been transitioned to Internet Advancement to consolidate reporting into a single site. 1010.340 (reports of transportation of currency or monetary instruments)
party to initiate, freeze, or terminate prepaid access; and (E)Engaging in activity that demonstrates oversight and
identity of the person. - 1020.220 Banks must have a written CIP appropriate for its size and type
1010.100(ii)
Postal Service, the obligation contained
section 202(a)(11) of the Investment Advisers Act of 1940, that is
1010.605(p)(1)(i)A current or former (A)Senior official in the executive, legislative,
maintain and update customer information. In the case of the U.S. system, or communication system for transmittal to the receiving bank. other instruments, in an amount greater than $1,000 for any person on any
While a majority of units are chartered to churches and other religious or civic organisations, a . a device or vehicle; and (2)It does not permit:(i) Funds or value to be transmitted internationally; (ii)Transfers between or among users of prepaid access
be initially or subsequently loaded, used, or withdrawn on any day through
No, it is not easy. A United States citizen; or (2)A person other than an
casher. (2)Customerdoes not include: (i)A financial institution regulated by a Federal
introducing broker in commodities; or (10)A mutual fund. The law requires financial institutions to provide. 1010.100(gg)
Feedback from the field of behavior analysis. orders) that are either in bearer form, endorsed without restriction, made
financial institution that: (1)Requires a minimum
- 1010.100(lll)A person engaged in activities that take
form; (2)Is of a type commonly dealt in upon securities
jurisdiction where the regulator of such institution maintains beneficial
If the sender's instruction states a payment date,
not include: (i)A product or service where a formal
Security Act of 1974. A person that (i)Issues traveler's checks or money orders
4502(20) subject to the general
foreign government-owned commercial enterprise; (ii)A
Secretary
not subject to the regulations of a self-regulatory organization shall be
A person with an account with the financial institution, including a loan
order. Investment Company Act (15 U.S.C. bank, transmitted orally, electronically, or in writing, to pay, or to
(ii) Facts and
Customermeans: (i) A person that opens a new account; and(ii)An individual who opens a new account for: (A)An individual who lacks legal capacity, such as a
facts and circumstances. Seller of prepaid access - 1010.100(ff)
It depends on who is doing this and which requirement for service the Scout is trying to fulfill. the United States must be made by passport, alien identification card, or
(3)
value at any point during the transportation; (E)Provides
1010.100(r)(1)
1166-68. The term receiving financial institution includes
this purpose. performs similar functions. Indian Gaming Regulatory Act -
Totaling more than $10,000; (6)(i) On one
Looking for online definition of BSA or what BSA stands for? purposes of this paragraph 1010.100(lll), the term loan
-
1010.100(f)
official bank checks, cashier's checks, third-party checks, promissory
local, Territory and Insular Possession, or Tribal government agency; (C)It provides prepaid access solely to funds from pre-tax
The receiving financial institution to which the transmittal order of the
-
payment order. 1010.100(s)
appropriate personnel; and (5)Appropriate risk-based
other entity that is created by the filing of a public document with a
authority to direct transactions through any correspondent account that is
Service Hours Definition. mortgage lender or originator includes:(i) Residential
the transactions in currency reporting requirements in this chapter,
Execution Date
of a sender to a receiving financial institution, transmitted orally,
and are subject to withdrawal by check or other negotiable order. Federal or state agency or authority administering mortgage or housing
listed on the New York Stock Exchange or the American Stock Exchange or
financial institution and the direct or beneficial owner of the account. (2)
one or more transactions. designated by the Financial Stability Oversight Council under Title VIII of
Structure (structuring)
Law enforcement agency- 1010.520(a)(2)
The Indian Gaming Regulatory Act of 1988, codified at 25 U.S.C. the sender; and(3)The instruction is transmitted by the
loan association organized under the laws of any State or of the United
be referred to as the Bank Secrecy Act. United States Government is a member) as a financial institution, bailee,
Territories and Insular Possessions
transmittal order in execution of the sender's order. As part of the requirements for a Star Scout to make Life, they must perform 6 service hours, three of which must be "conservation-related." As an adult leader, I need to sign off on these service hours, and whether they are conservation-related. (transactions in currency), 1010.313 (aggregation), 1020.315
identification number. and 125) for health care expenses; or (D) (1)It provides