← Treasury Federal Register rules

Financial Crimes Enforcement Network; Amendments to Bank Secrecy Act Regulations Regarding Casino Recordkeeping and Reporting Requirements

aml-bsa-fincen · FinCEN · Rule · Published 2007-06-26 · Effective 2007-06-26 · 72 FR 35008

Document

Document number
E7-12332
Federal Register citation
72 FR 35008
CFR reference
31 CFR 103
Type
Rule
Action
Final rule.
Category
aml-bsa-fincen
Sub-agency
FinCEN
Publication date
2007-06-26
Effective date
2007-06-26

Abstract

The Financial Crimes Enforcement Network (FinCEN) is issuing this final rule to amend the Bank Secrecy Act regulation requiring casinos to report transactions in currency. Specifically, the amendments exempt, as reportable transactions in currency, jackpots from slot machines and video lottery terminals, as well as transactions, under certain conditions, involving certain money plays and bills inserted into electronic gaming devices. We also are exempting certain transactions between casinos and currency dealers or exchangers, and casinos and check cashers. Finally, the amendments provide additional examples of "cash in" and "cash out" transactions.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown