; (ii) the requestor failed to notify in writing FinCEN of a material change to any fact or statement in the original request; or (iii) a party to the original inquiry acted in bad faith when relying upon the no-action letter. (D) Notice of modification and rescission In the case that the Director of FinCEN modifies or rescinds a no-action letter under this subsection, the Director of FinCEN shall— (i) provide notice of such modification or rescission; (ii) establish a reasonable time period, of not less than 90 days, in which impacted persons may update their anti-money laundering programs or processes to achieve compliance with the Bank Secrecy Act, the USA PATRIOT Act, or any other anti-money laundering and counter terrorist financing law or regulation. (6) Definitions For purposes of this subsection: (A) Bank Secrecy Act The term Bank Secrecy Act means— (i) section 21 of the Federal Deposit Insurance Act; (ii) chapter 2 of title I of Public Law 91–508