12 CFR 353.1 : Banks And Banking (§ 1.1 To Parts 1816-1899) — (Parts 300-302 To Parts 415-499) — Federal Deposit Insurance Corporation (Parts 300-302 To Parts 392-399) — Regulations And Statements Of General Policy (§ 323.1 To Parts 392-399) — Suspicious Activity Reports (§ 353.1 To § 353.3) — Purpose and scope.

The purpose of this part is to ensure that an insured state nonmember bank files a Suspicious Activity Report when it detects a known or suspected criminal violation of federal law or a suspicious transaction related to a money laundering activity or a violation of the Bank Secrecy Act. This part applies to all insured state nonmember banks as well as any insured, state-licensed branches of foreign banks.