Important Information for Precious Metals/Jewelry

A Large Diamond Necklace

REMINDER: As of April 1, 2013, financial institutions must use the new FinCEN reports, which are available only electronically through the BSA E-Filing System. FinCEN is no longer accepting legacy reports. For more information, click here.

The transfer and reorganization of the BSA regulations from 31 CFR Part 103 to 31 CFR Chapter X has not altered the legal effect of any regulatory obligation nor has it imposed any new regulatory obligations on financial institutions. This includes the legal effect of FinCEN'sinterim final rule for dealers of precious metals, stones, or jewels, as further clarified byFinCEN Ruling 2006-001.

| News
Dealers in Precious Metals, Stones or Jewels Required to Establish Anti-Money Laundering Programs
| Guidance
Frequently Asked Questions
| Federal Register Notice
Anti-Money Laundering Programs for Dealers in Precious Metals, Stones or Jewels (68 FR 8480)
| Administrative Ruling
(Formerly known as 88-5) Does a financial institution havea duty to file a CTR on currency transactions where the financial institution never physically receives the cash because it uses an armored car service to collect, transport and process