Banker's Compliance Consulting Blog

Banking Regulations Compliance | Enhance Secure Information

Written by Diane Dean | Aug 7, 2015 10:32:28 AM

FinCEN plans to make changes to its Secure Information Sharing System (SISS) in late September of this year. Some of the changes include:

•New design intended to be more user-friendly

•New password rules that will use challenge questions and prompt users to change their password every 90 days

•Ability for users to generate activity reports and complete self-verification automatically

•Ability to upload and securely transfer non-314(a) information to FinCEN

If you’re a 314(a) point of contact, you will want to watch your email for additional information.