Bank Secrecy Laws and Regulations in Saint Pierre and Miquelon: A Closer Look
The Bank Secrecy Act (BSA) and other applicable federal regulations govern the use of financial information in Saint Pierre and Miquelon. This article aims to provide an overview of the bank secrecy laws and regulations in this French overseas collectivity.
Supervisory Users and Registration
In Saint Pierre and Miquelon, a Supervisory User is designated by the filing organization to oversee its compliance with BSA requirements. The initial Supervisory User must enroll on behalf of their organization, which will generate an enrollment code. This code is required for subsequent users to register.
Warning: Authorized Use Only
The Bank Secrecy Act system/website is the property of and operated by the United States Government and the U.S. Department of the Treasury. Accessing this website is restricted to authorized individuals only. The information provided on this site is collected, disseminated, and protected under provisions of the BSA.
Monitoring and Information Retrieval
The U.S. Government may monitor, record, and audit all activity on this system for law enforcement and other purposes. By accessing and using this website, users are consenting to such monitoring and information retrieval.
Enrollment Completion
To complete enrollment, required fields must be filled in. A review of the information is necessary before submitting the enrollment request.
Organization Information
The following details are requested:
- Organization Name
- Street Address
- City
- State
- ZIP/Postal Code
- Country
- EIN (Employer Identification Number)
- MICR Number
- TCC (Treasurer’s Certificate of Compliance)
- Federal Regulator or Examiner
New User Information
The following details are requested for new users:
- E-mail Address
- Desired User ID
- First Name
- Middle Initial
- Last Name
- Title
- Position/Job Title
- Phone Number
- Type (Supervisory User, etc.)
Conclusion
In conclusion, the bank secrecy laws and regulations in Saint Pierre and Miquelon are governed by the Bank Secrecy Act and other federal regulations. Understanding these requirements is crucial for financial institutions operating in this French overseas collectivity to ensure compliance with BSA standards.