Sec. 6303. ESTABLISHMENT OF BANK SECRECY ACT INFORMATION SECURITY OFFICERS
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## SEC. 6303 ESTABLISHMENT OF BANK SECRECY ACT INFORMATION SECURITY OFFICERS **[**[31 U.S.C. 5311 note](/us/usc/t31/s5311)**]** ###
(a)Appointment of Officers Not later than 1 year after the effective date of the regulations promulgated under subsection
(d)of section 310 of title 31, United States Code, as added by section 6103 of this division, a Bank Secrecy Act Information Security Officer shall be appointed, from among individuals with expertise in Federal information security or privacy laws or Bank Secrecy Act disclosure policies and procedures— ####
(1)within each Federal functional regulator, by the head of the Federal functional regulator; ####
(2)within FinCEN, by the Director of FinCEN; and ####
(3)within the Internal Revenue Service, by the Secretary. ###
(b)Duties Each Bank Secrecy Act Information Security Officer shall, with respect to the applicable regulator, bureau, or Center within which the Officer is located— ####
(1)be consulted each time Bank Secrecy Act regulations affecting information security or disclosure of Bank Secrecy Act information are developed or reviewed; ####
(2)be consulted on information-sharing policies under the Bank Secrecy Act, including those that allow financial institutions to share information with each other and foreign affiliates, and those that allow Federal agencies to share with regulated entities; ####
(3)be consulted on coordination and clarity between proposed Bank Secrecy Act regulations and information security and confidentiality requirements, including with respect to the reporting of suspicious transactions under section 5318(g) of title 31, United States Code; ####
(4)be consulted on— #####
(A)the development of new technologies that may strengthen information security and compliance with the Bank Secrecy Act; and #####
(B)the protection of information collected by each Federal functional regulator under the Bank Secrecy Act; and ####
(5)develop metrics of program success.
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Sec. 6303
ESTABLISHMENT OF BANK SECRECY ACT INFORMATION SECURITY OFFICERS
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