Bank Secrecy Act
E6065
The Bank Secrecy Act is a U.S. law that requires financial institutions to assist government agencies in detecting and preventing money laundering, terrorist financing, and other financial crimes.
All labels observed (9)
How this entity was disambiguated
This entity first appeared as the object of triple T28631 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Bank Secrecy Act Context triple: [Financial Crimes Enforcement Network, legalBasis, Bank Secrecy Act]
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A.
Anti-Money Laundering Act of 2020
The Anti-Money Laundering Act of 2020 is a major U.S. federal law that modernizes and strengthens the country’s anti-money laundering and counter-terrorist financing framework, expanding regulatory powers, reporting requirements, and enforcement tools.
-
B.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
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C.
Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network (FinCEN) is a U.S. government bureau that collects and analyzes financial transaction data to combat money laundering, terrorist financing, and other financial crimes.
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D.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
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E.
U.S. Securities Act of 1933
The U.S. Securities Act of 1933 is a landmark federal law that established strict disclosure requirements for securities offerings to protect investors and restore confidence in financial markets after widespread abuses revealed by the stock market crash and ensuing economic crisis.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Bank Secrecy Act Target entity description: The Bank Secrecy Act is a U.S. law that requires financial institutions to assist government agencies in detecting and preventing money laundering, terrorist financing, and other financial crimes.
-
A.
Anti-Money Laundering Act of 2020
The Anti-Money Laundering Act of 2020 is a major U.S. federal law that modernizes and strengthens the country’s anti-money laundering and counter-terrorist financing framework, expanding regulatory powers, reporting requirements, and enforcement tools.
-
B.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
-
C.
Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network (FinCEN) is a U.S. government bureau that collects and analyzes financial transaction data to combat money laundering, terrorist financing, and other financial crimes.
-
D.
Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act is a major U.S. financial reform law enacted after the 2008 crisis to increase oversight of Wall Street, reduce systemic risk, and strengthen consumer financial protections.
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E.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
anti–money laundering law ⓘ financial regulation law ⓘ |
| aimsToProtect | integrity of the U.S. financial system ⓘ |
| alsoKnownAs |
Currency and Foreign Transactions Reporting Act
ⓘ
linked to:
Bank Secrecy Act
|
| appliesTo |
banks
ⓘ
broker-dealers in securities ⓘ casinos ⓘ credit unions ⓘ money services businesses ⓘ other covered financial institutions ⓘ |
| basisFor | U.S. anti–money laundering regulatory framework ⓘ |
| complianceRequires |
designation of a BSA compliance officer
ⓘ
independent testing of AML programs ⓘ internal controls at financial institutions ⓘ ongoing employee training ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| enforcedBy |
FinCEN
ⓘ
linked to:
Financial Crimes Enforcement Network
Financial Crimes Enforcement Network ⓘ U.S. Department of the Treasury ⓘ
linked to:
United States Department of the Treasury
federal banking regulators ⓘ |
| jurisdiction | United States financial system ⓘ |
| legalArea |
banking law
ⓘ
financial crime law ⓘ |
| objective | provide information useful in criminal tax and regulatory investigations ⓘ |
| obligates | financial institutions to assist U.S. government agencies ⓘ |
| primaryPurpose |
combat other financial crimes
ⓘ
detect and prevent money laundering ⓘ detect and prevent terrorist financing ⓘ |
| relatedConcept |
anti–money laundering
ⓘ
counter-terrorist financing ⓘ financial intelligence ⓘ regulatory compliance ⓘ |
| requires |
anti–money laundering compliance programs
ⓘ
currency transaction reports ⓘ customer identification procedures ⓘ recordkeeping for certain financial transactions ⓘ reporting of certain foreign bank and financial accounts ⓘ suspicious activity reports ⓘ |
| requiresActionFrom | financial institutions ⓘ |
| shortName | BSA ⓘ |
| supports | collection of financial intelligence data ⓘ |
| usedBy |
intelligence agencies
ⓘ
law enforcement agencies ⓘ tax authorities ⓘ |
| violationCanResultIn |
civil penalties
ⓘ
criminal penalties ⓘ regulatory enforcement actions ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Bank Secrecy Act Description of subject: The Bank Secrecy Act is a U.S. law that requires financial institutions to assist government agencies in detecting and preventing money laundering, terrorist financing, and other financial crimes.
Referenced by (36)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: Bank Secrecy Act
subject linked to:
U.S. Department of the Treasury to establish national AML and CFT priorities
Public Law 107-56
→
containsTitle
→
Title III – International Money Laundering Abatement and Financial Anti-Terrorism Act of 2001
ⓘ
linked to: Bank Secrecy Act
Title 31 of the United States Code
→
contains
→
Chapter 53 – Monetary Transactions and Anti–Money Laundering
ⓘ
linked to: Bank Secrecy Act
subject linked to:
BSA
linked to: Bank Secrecy Act
subject linked to:
BSA
linked to: Bank Secrecy Act
subject linked to:
BSA
linked to: Bank Secrecy Act
linked to: Bank Secrecy Act
linked to: Bank Secrecy Act
linked to: Bank Secrecy Act
Public Law 91-508
→
title
→
An Act to improve the ability of the United States to obtain information on the ownership and control of foreign bank accounts and other financial relationships, to require the maintenance of adequate records, and for other purposes
ⓘ
linked to: Bank Secrecy Act
linked to: Bank Secrecy Act