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  2. Bank Secrecy Act - Wikipedia

    en.wikipedia.org/wiki/Bank_Secrecy_Act

    A MIL must indicate cash purchases of monetary instruments, such as money orders, cashier's checks, and traveler's checks valued between $3,000 and $10,000. This form is required to be kept on record at the financial institution for at least five years, and produced at the request of examiners or audit to verify compliance. [13]

  3. Currency transaction report - Wikipedia

    en.wikipedia.org/wiki/Currency_transaction_report

    Currency Transaction Report, March 2011 revision. A currency transaction report (CTR) is a report that U.S. financial institutions are required to file with the Financial Crimes Enforcement Network for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a transaction in currency valued at more than $10,000.

  4. Casino regulations under the Bank Secrecy Act - Wikipedia

    en.wikipedia.org/wiki/Casino_regulations_under...

    Currency transactions that occur within a single Gaming Day (the normal 24-hour period that any casino uses for accounting and business reporting), whether the currency is paid into the casino, paid out, or exchanged (in the case of foreign currency exchanges), in excess of $10,000 requires the completion of a Currency Transaction Report (CTR, FinCEN Form 112) and must contain enough ...

  5. Financial Intelligence Unit - Wikipedia

    en.wikipedia.org/wiki/Financial_intelligence_unit

    Negotiable Instrument Log (NIL). Cash purchases of negotiable instruments (e.g., money orders, cashiers checks, travelers cheques) having a face value of $3,000, or more. Bank Secrecy Act Internal Revenue Service Suspicious Activity Report (SAR). Any cash transaction where the customer seems to be trying to avoid BSA reporting requirements (e.g ...

  6. Bank regulation in the United States - Wikipedia

    en.wikipedia.org/wiki/Bank_regulation_in_the...

    The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [2]

  7. File:BSA Proof of Claim Form.png - Wikipedia

    en.wikipedia.org/wiki/File:BSA_Proof_of_Claim...

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  8. Anti–money laundering - Wikipedia

    en.wikipedia.org/wiki/Anti–money_laundering

    It required verification of identity of those who purchase monetary instruments over $3,000. The Annunzio-Wylie Anti-Money Laundering Act of 1992 strengthened sanctions for BSA violations, required so called "Suspicious Activity Reports" and eliminated previously used " Criminal Referral Forms", required verification and recordkeeping for wire ...

  9. Virtual currency law in the United States - Wikipedia

    en.wikipedia.org/wiki/Virtual_currency_law_in...

    Even with the impact VC could have on monetary policy, the Reserve does not have the authority to supervise or regulate VC. [33] According to the May 9, 2014, meeting of the Federal Advisory Council and Board of Governors of the Federal Reserve, Bitcoin was deemed to "not present a threat to economic activity by disrupting traditional channels ...