source:
  type: regulation
  id: bsa-31cfr-1010.520
  authority: 31 CFR Part 1010 — BSA General Provisions (FinCEN) § 1010.520 — Information sharing between government
    agencies and financial institutions
  description: '31 CFR Part 1010 — BSA General Provisions (FinCEN), §1010.520 Information sharing between government
    agencies and financial institutions. Captured section-complete (all subsections verbatim).

    '
obligations:
- id: bsa-31cfr-1010.520-a
  canonical_id: bsa-31cfr-1010.520-a
  section: 31 CFR §1010.520(a)
  description: 'Information sharing between government agencies and financial institutions — (a): (a) Definitions.
    For purposes of this section: (1) Financial institution means any financial institution described in 31 U.S.C.
    5312(a)(2). (2) Law enforcement agency means a Federal, State, local, or foreign law enforcement agency with
    criminal investigative authority, provided that in the case of …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 31 CFR Part 1010 — BSA General Provisions (FinCEN) § 1010.520
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-31/subtitle-B/chapter-X/part-1010
    snapshot_id: 0a27edc17b8b277d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:df40a10825d946456aef7bd04aa63dee60393dda8d124fc93d335066b2b81e36
    paragraph_quote: '(a) Definitions. For purposes of this section: (1) Financial institution means any financial
      institution described in 31 U.S.C. 5312(a)(2). (2) Law enforcement agency means a Federal, State, local, or
      foreign law enforcement agency with criminal investigative authority, provided that in the case of a foreign
      law enforcement agency, such agency is from a jurisdiction that is a party to a treaty that provides, or in
      the determination of FinCEN is from a jurisdiction that otherwise allows, law enforcement agencies in the
      United States reciprocal access to information comparable to that obtained under this section.'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1010.520 subsection (a) from snapshot 0a27edc17b8b277d;
      substring-verified.
  judgment: false
- id: bsa-31cfr-1010.520-b
  canonical_id: bsa-31cfr-1010.520-b
  section: 31 CFR §1010.520(b)
  description: 'Information sharing between government agencies and financial institutions — (b): (b) Information
    requests based on credible evidence concerning terrorist activity or money laundering &#x2014;(1) In general.
    A law enforcement agency investigating terrorist activity or money laundering may request that FinCEN solicit,
    on the investigating agency''s behalf, certain information from …'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 31 CFR Part 1010 — BSA General Provisions (FinCEN) § 1010.520
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-31/subtitle-B/chapter-X/part-1010
    snapshot_id: 0a27edc17b8b277d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:df40a10825d946456aef7bd04aa63dee60393dda8d124fc93d335066b2b81e36
    paragraph_quote: '(b) Information requests based on credible evidence concerning terrorist activity or money
      laundering &#x2014;(1) In general. A law enforcement agency investigating terrorist activity or money laundering
      may request that FinCEN solicit, on the investigating agency''s behalf, certain information from a financial
      institution or a group of financial institutions. When submitting such a request to FinCEN, the law enforcement
      agency shall provide FinCEN with a written certification, in such form and manner as FinCEN may prescribe.
      At a minimum, such certification must: State that each individual, entity, or organization about which the
      law enforcement agency is seeking information is engaged in, or is reasonably suspected based on credible
      evidence of engaging in, terrorist activity or money laundering; include enough specific identifiers, such
      as date of birth, address, and social security number, that would permit a financial institution to differentiate
      between common or similar names; and identify one person at the agency who can be contacted with any questions
      relating to its request. Upon receiving the requisite certification from the requesting law enforcement agency,
      FinCEN may require any financial institution to search its records to determine whether the financial institution
      maintains or has maintained accounts for, or has engaged in transactions with, any specified individual, entity,
      or organization. (2) Requests from FinCEN. FinCEN may solicit, on its own behalf and on behalf of appropriate
      components of the Department of the Treasury, whether a financial institution or a group of financial institutions
      maintains or has maintained accounts for, or has engaged in transactions with, any specified individual, entity,
      or organization. Before an information request under this section is made to a financial institution, FinCEN
      or the appropriate Treasury component shall certify in writing in the same manner as a requesting law enforcement
      agency that each individual, entity or organization about which FinCEN or the appropriate Treasury component
      is seeking information is engaged in, or is reasonably suspected based on credible evidence of engaging in,
      terrorist activity or money laundering. The certification also must include enough specific identifiers, such
      as date of birth, address, and social security number, that would permit a financial institution to differentiate
      between common or similar names, and identify one person at FinCEN or the appropriate Treasury component who
      can be contacted with any questions relating to its request. (3) Obligations of a financial institution receiving
      an information request &#x2014;(i) Record search. Upon receiving an information request from FinCEN under
      this section, a financial institution shall expeditiously search its records to determine whether it maintains
      or has maintained any account for, or has engaged in any transaction with, each individual, entity, or organization
      named in FinCEN''s request. A financial institution may contact the law enforcement agency, FinCEN or requesting
      Treasury component representative, or U.S. law enforcement attach&#xE9; in the case of a request by a foreign
      law enforcement agency, which has been named in the information request provided to the institution by FinCEN
      with any questions relating to the scope or terms of the request. Except as otherwise provided in the information
      request, a financial institution shall only be required to search its records for: (A) Any current account
      maintained for a named suspect; (B) Any account maintained for a named suspect during the preceding twelve
      months; and (C) Any transaction, as defined by &#xA7; 1010.505(d), conducted by or on behalf of a named suspect,
      or any transmittal of funds conducted in which a named suspect was either the transmittor or the recipient,
      during the preceding six months that is required under law or regulation to be recorded by the financial institution
      or is recorded and maintained electronically by the institution. (ii) Report to FinCEN. If a financial institution
      identifies an account or transaction identified with any individual, entity, or organization named in a request
      from FinCEN, it shall report to FinCEN, in the manner and in the time frame specified in FinCEN''s request,
      the following information: (A) The name of such individual, entity, or organization; (B) The number of each
      such account, or in the case of a transaction, the date and type of each such transaction; and (C) Any Social
      Security number, taxpayer identification number, passport number, date of birth, address, or other similar
      identifying information provided by the individual, entity, or organization when each such account was opened
      or each such transaction was conducted. (iii) Designation of contact person. Upon receiving an information
      request under this section, a financial institution shall designate one person to be the point of contact
      at the institution regarding the request and to receive similar requests for information from FinCEN in the
      future. When requested by FinCEN, a financial institution shall provide FinCEN with the name, title, mailing
      address, e-mail address, telephone number, and facsimile number of such person, in such manner as FinCEN may
      prescribe. A financial institution that has provided FinCEN with contact information must promptly notify
      FinCEN of any changes to such information. (iv) Use and security of information request. (A) A financial institution
      shall not use information provided by FinCEN pursuant to this section for any purpose other than: ( 1 ) Reporting
      to FinCEN as provided in this section; ( 2 ) Determining whether to establish or maintain an account, or to
      engage in a transaction; or ( 3 ) Assisting the financial institution in complying with any requirement of
      this chapter. (B)( 1 ) A financial institution shall not disclose to any person, other than FinCEN or the
      requesting Treasury component, the law enforcement agency on whose behalf FinCEN is requesting information,
      or U.S. law enforcement attach&#xE9; in the case of a request by a foreign law enforcement agency, which has
      been named in the information request, the fact that FinCEN has requested or has obtained information under
      this section, except to the extent necessary to comply with such an information request. ( 2 ) Notwithstanding
      paragraph (b)(3)(iv)(B)( 1 ) of this section, a financial institution authorized to share information under
      &#xA7; 1010.540 may share information concerning an individual, entity, or organization named in a request
      from FinCEN in accordance with the requirements of such section. However, such sharing shall not disclose
      the fact that FinCEN has requested information concerning such individual, entity, or organization. (C) Each
      financial institution shall maintain adequate procedures to protect the security and confidentiality of requests
      from FinCEN for information under this section. The requirements of this paragraph (b)(3)(iv)(C) shall be
      deemed satisfied to the extent that a financial institution applies to such information procedures that the
      institution has established to satisfy the requirements of section 501 of the Gramm-Leach-Bliley Act (15 U.S.C.
      6801), and applicable regulations issued thereunder, with regard to the protection of its customers'' nonpublic
      personal information.'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1010.520 subsection (b) from snapshot 0a27edc17b8b277d;
      substring-verified.
  judgment: false
- id: bsa-31cfr-1010.520-v
  canonical_id: bsa-31cfr-1010.520-v
  section: 31 CFR §1010.520(v)
  description: 'Information sharing between government agencies and financial institutions — (v): (v) No other action
    required. Nothing in this section shall be construed to require a financial institution to take any action,
    or to decline to take any action, with respect to an account established for, or a transaction engaged in with,
    an individual, entity, or organization named in a request fr…'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 31 CFR Part 1010 — BSA General Provisions (FinCEN) § 1010.520
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-31/subtitle-B/chapter-X/part-1010
    snapshot_id: 0a27edc17b8b277d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:df40a10825d946456aef7bd04aa63dee60393dda8d124fc93d335066b2b81e36
    paragraph_quote: (v) No other action required. Nothing in this section shall be construed to require a financial
      institution to take any action, or to decline to take any action, with respect to an account established for,
      or a transaction engaged in with, an individual, entity, or organization named in a request from FinCEN, or
      to decline to establish an account for, or to engage in a transaction with, any such individual, entity, or
      organization. Except as otherwise provided in an information request under this section, such a request shall
      not require a financial institution to report on future account opening activity or transactions or to treat
      a suspect list received under this section as a government list for purposes of section 326 of Public Law
      107-56. (4) Relation to the Right to Financial Privacy Act and the Gramm-Leach-Bliley Act. The information
      that a financial institution is required to report pursuant to paragraph (b)(3)(ii) of this section is information
      required to be reported in accordance with a Federal statute or rule promulgated thereunder, for purposes
      of subsection 3413(d) of the Right to Financial Privacy Act (12 U.S.C. 3413(d)) and subsection 502(e)(8) of
      the Gramm-Leach-Bliley Act (15 U.S.C. 6802(e)(8)). (5) No effect on law enforcement or regulatory investigations.
      Nothing in this subpart affects the authority of a Federal, State, or local law enforcement agency or officer,
      or FinCEN or another component of the Department of the Treasury, to obtain information directly from a financial
      institution.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1010.520 subsection (v) from snapshot 0a27edc17b8b277d;
      substring-verified.
  judgment: false
