BSA changes on the horizon: A look at the 2021 NDAA December 16, 2020 by Nick St. John, NAFCU Compliance Blog On Friday, Congress passed 2021’s National Defense Authorization Act (NDAA). While President Trump has threatened to veto the law, it is believed there may be enough support in congress to override a presidential veto. This enormous law touches on many issues relating to the U.S. military and national security. However, Division F contains provisions affecting credit unions, as it requires major changes from FinCEN and the Treasury Department regarding the Bank Secrecy Act (BSA). Let’s dive into what’s in the bill: