Regulatory Alerts2000-01-06 | DI 99-008Added
Assessment of Civil Money Penalties in the Matter of Sunflower Bank, N.A.
The Department of the Treasury assesses a $100,000 civil money penalty against Sunflower Bank, N.A. for willfully violating the Bank Secrecy Act by failing to file approximately 1,900 Currency Transaction Reports and failing to maintain required records for monetary instrument sales. Sunflower Bank must pay the penalty within five business days and backfile the missing Currency Transaction Reports for specific transactions within 90 days. Compliance with these terms constitutes a complete settlement of civil liability for the identified violations.
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