source:
  type: regulation
  id: bsa-31usc-5311
  authority: Bank Secrecy Act (31 U.S.C.) § 5311 — Declaration of purpose
  description: 'Bank Secrecy Act (31 U.S.C.), §5311 Declaration of purpose. Captured section-complete from Cornell
    LII (verbatim).

    '
obligations:
- id: bsa-31usc-5311-full
  canonical_id: bsa-31usc-5311-full
  section: 31 U.S.C. §5311
  description: 'Declaration of purpose: It is the purpose of this subchapter (except section 5315 ) to— (1) require
    certain reports or records that are highly useful in— (A) criminal, tax, or regulatory investigations, risk
    assessments, or proceedings; or (B) intelligence or counterintelligence activities, including analysis, to protect
    a…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5311
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5311
    snapshot_id: 65971f5dd1633a61
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9e7eb0f79bf21eba920e81f45f0536294af1ea50931cfce5fed947ac5a4c4fb8
    paragraph_quote: It is the purpose of this subchapter (except section 5315 ) to— (1) require certain reports
      or records that are highly useful in— (A) criminal, tax, or regulatory investigations, risk assessments, or
      proceedings; or (B) intelligence or counterintelligence activities, including analysis, to protect against
      terrorism; (2) prevent the laundering of money and the financing of terrorism through the establishment by
      financial institutions of reasonably designed risk-based programs to combat money laundering and the financing
      of terrorism; (3) facilitate the tracking of money that has been sourced through criminal activity or is intended
      to promote criminal or terrorist activity; (4) assess the money laundering, terrorism finance, tax evasion,
      and fraud risks to financial institutions , products, or services to— (A) protect the financial system of
      the United States from criminal abuse; and (B) safeguard the national security of the United States ; and
      (5) establish appropriate frameworks for information sharing among financial institutions , their agents and
      service providers, their regulatory authorities, associations of financial institutions , the Department of
      the Treasury , and law enforcement authorities to identify, stop, and apprehend money launderers and those
      who finance terrorists. (Added Pub. L. 116–283, div. F, title LXI, § 6101(a) , Jan. 1, 2021 , 134 Stat. 4549
      .)
    drafter_attestation: Verbatim slice of 31 U.S.C. §5311 from Cornell LII snapshot 65971f5dd1633a61; body isolated
      between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
