DDC people

« Dewey Breakfast/Update at ALA Midwinter 2010: Presentations + 370 Education Discussion Paper | Main | Sinosauropteryx »

29 January 2010



The current banking law has implemented a new Act, the Bank Secrecy Act, where the Bank is required to aid government agencies to make note of and prevent money laundering. The act requires all banks and financial institutions to keep an account of cash purchases of unfixed instruments, file reports of cash dealings exceeding $10,000, and to report doubtful activity that might indicate money laundering, tax elusion, or other criminal actions.

The comments to this entry are closed.