The news came in a letter from the National Hot Rod Association. A prototype of the new Dodge Demon had set an all-time dragstrip record, hitting 140 at the end of the quarter mile in just 9.65 seconds. Oh, and the NHRA added, it was banning the new muscle car from production before the first model officially rolled off the production line.
The Federal Financial Institutions Examinations Council (FFIEC) released the Bank Secrecy Act (BSA)/ Anti-Money Laundering Examination Manual to ensure consistent application of the act to commercial banks, savings associations and credit unions (www.
The Financial Recordkeeping and Reporting of Currency. and Foreign Transactions Act of 1970 (31 U.S.C. 5311 et. seq.) is referred to as the Bank Secrecy Act (BSA).