# Amendment to the Bank Secrecy Act Regulations-Exemption From the Requirement To Report Transactions in Currency
> **FinCEN** · Final rule. · Published 2012-06-07 · Effective 2012-06-07 · 77 FR 33638
## Document
- **Document number:** 2012-13781
- **Category:** aml-bsa-fincen
- **Sub-agency:** FinCEN
- **Federal Register citation:** 77 FR 33638
- **CFR reference:** 31 CFR 1020
- **Publication date:** 2012-06-07
- **Effective date:** 2012-06-07
## Abstract

FinCEN is issuing this final rule to amend the regulations that allow depository institutions to exempt transactions of certain payroll customers \1\ from the requirement to report transactions in currency in excess of $10,000. The rule substitutes the term "frequently" for "regularly" in the provision of the exemption rules dealing with payroll customers. This modification of the exemption procedures is a part of the Department of the Treasury's continuing effort to increase the efficiency and effectiveness of its anti-money laundering and counter-terrorist financing policies. ---------------------------------------------------------------------------

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/06/07/2012-13781/amendment-to-the-bank-secrecy-act-regulations-exemption-from-the-requirement-to-report-transactions)
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