From: John Young <jya@pipeline.com>
To: cypherpunks@toad.com
Message Hash: fc0eb69a1b5f58233ebd11e078b07c484e5ccf3c704822b9e82ab5c689f5beac
Message ID: <1.5.4.32.19970521131521.0089c1dc@pop.pipeline.com>
Reply To: N/A
UTC Datetime: 1997-05-21 13:41:02 UTC
Raw Date: Wed, 21 May 1997 21:41:02 +0800
From: John Young <jya@pipeline.com>
Date: Wed, 21 May 1997 21:41:02 +0800
To: cypherpunks@toad.com
Subject: New FinCEN Rules
Message-ID: <1.5.4.32.19970521131521.0089c1dc@pop.pipeline.com>
MIME-Version: 1.0
Content-Type: text/plain
FinCEN has published today in the Federal Register
three inter-related proposals for new rules for the Bank
Secrecy Act Regulations:
1. Changes in the scope and type of transactions to
be regulated, including, say, micro payments and
and electronic transactions such as stored value cards.
2. Changes in the reporting requirements for suspicious
transactions and the types of institutions to be regulated,
including "money services establishments."
3. Changes in requirements for reporting currency
transactions, and setting a new floor at $750 (as reported
recently in the news).
http://jya.com/fc052197.htm (79K)
http://jya.com/fc052197-2.htm (69K)
http://jya.com/fc052197-3.htm (63K)
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1997-05-21 (Wed, 21 May 1997 21:41:02 +0800) - New FinCEN Rules - John Young <jya@pipeline.com>