Join our mailing list!

Official PayPal Seal

(Your shopping cart is empty)

  Home > Diane Publishing Books >

Bank Secrecy Act: Increased Use of Exemption Provisions Could Reduce Currency Transaction Reporting While Maintaining Usefulness to Law Enforcement Efforts
To aid law enforcement efforts against financial c

Our Price: $25.00
By David G. Wood (au)
Year: 2008
Pages: 99
Binding Paperback

Product Code: 1437900992

To aid law enforcement efforts against financial crimes, under the Bank Secrecy Act (BSA) depository institutions must file the Treasury Dept.’s Financial Crimes Enforcement Network’s (FinCEN) currency transaction report (CTR) form on their customers’ cash transactions of more than $10,000. While FinCEN’s regulations allow institutions to exempt certain customers, over 15 million CTRs were filed in 2006. Public Law 109-351 directed a report on: (1) the usefulness of CTRs to law enforcement; (2) depository institutions’ costs of meeting CTR requirements; and (3) ways to encourage use of exemptions to avoid unnecessary CTRs. This report surveyed 115 state and local law enforcement agencies and 680 depository institutions.

Share your knowledge of this product with other customers... Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
 About Us
 Become an Affiliate
 Privacy Policy
 Send Us Feedback
Company Info | Advertising | Product Index | Category Index | Help | Terms of Use
Copyright � 2004 Diane Publishing Company. All Rights Reserved.
Built with Volusion