As noted in the final rule published in the Federal Register on October 26, 2010, the reorganization streamlines the BSA regulations into general and industry-specific Parts, making the regulatory obligations clearer in their structure and more accessible to affected financial institutions. Chapter X helps a financial institution identify its obligations under the BSA in a more organized and understandable manner. Prior to March 1, 2011, FinCEN's regulations were included in the CFR as Part 103 in Chapter I under "Title 31, Money and Finance: Treasury."
FinCEN is also incorporating the appropriate Chapter X citations within the BSA forms and providing supporting documentation outlining the citation updates. The updated citations within the forms do not create any new filing obligations.