Deadline reference
Bank Secrecy Act records: retention period
31 CFR 1010.430(d). FinCEN, United States (federal). Event-relative; binding rule.
Not legal advice. The period or date below is quoted from the official source with its conditions; whether and how it applies depends on your firm's facts and your actual regulatory correspondence. Confirm it in the official source.
Status: Active. Last checked 2026-11-09. All references.
Who it applies to
Money services businesses, Broker-dealers.
All records required to be retained by chapter X of the Bank Secrecy Act regulations.
Sources: [1] § 1010.430(d)
Exclusions
No exclusions recorded.
The published period or date
- Official text
- All records that are required to be retained by this chapter shall be retained for a period of five years.
- Type
- Event-relative
- Trigger
- Paragraph (d) states a five-year period but does not state when it begins. The provisions elsewhere in chapter X that require a specific record state their own start points (for example, from the date a suspicious activity report is filed, or from the date of a currency transaction report); read the provision that requires the record.
- Legal status
- Binding rule.
- Effective
- Not stated to present
- Conditions and transitions
- The rule states the period in words (five years), so no numeric period value is recorded here. Records kept under an order issued under § 1010.370 of the same chapter are retained for the period the order specifies, not to exceed five years. Records must be stored so as to be accessible within a reasonable period of time.
- Sources and locators
- [1] § 1010.430(d)
No due date is computed here. The toolkit does not interpret event-relative periods, count business days or hold a holiday calendar.
Cite
Cite the official source first. Then: Taft Compliance Group, Exam-prep toolkit (draft), deadline reference dl-bsa-records-retention, https://taftcompliance.com/resources/exam-prep-toolkit/deadlines/dl-bsa-records-retention, last checked 2026-11-09.
Sources
Office of the Federal Register, eCFR, 31 CFR 1010.430 Nature of records and retention period. rule. § 1010.430(d).
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-X/part-1010/section-1010.430
Checked 2026-11-09.
Supporting passage
(d) All records that are required to be retained by this chapter shall be retained for a period of five years. Records or reports required to be kept pursuant to an order issued under § 1010.370 of this chapter shall be retained for the period of time specified in such order, not to exceed five years. All such records shall be filed or stored in such a way as to be accessible within a reasonable period of time, taking into consideration the nature of the record, and the amount of time expired since the record was made.
Changes to this reference
No released changes.