Financial Crimes Enforcement Network Implications and Benefits of Cross Border Funds Transmittable Reporting - Paperback

by Financial Crimes Enforcement Network (Author)

Section 6302 of the Intelligence Reform and Terrorism Prevention Act of 2004 requires, among other things, that the Secretary of the Treasury study the feasibility of "requiring such financial institutions at the Secretary determines to be appropriate to report to the financial institutions as the Secretary determines to be appropriate to report to the Financial Crimes Enforcement Network certain cross-border electronic transmittals of funds, if the Secretary determines that reporting of such transmittals is reasonably necessary to conduct the efforts of the Secretary against money laundering and terrorist financing"