Financial Crimes Enforcement Network September 17, 2024 – Federal Register Recent Federal Regulation Documents

As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of existing information collection requirements found in Bank Secrecy Act regulations that require financial institutions to maintain records related to the issuance or sale of bank checks and drafts, cashier's checks, money orders, and traveler's checks when the issuance or sale involves the use of currency in an amount between $3,000 and $10,000, inclusive. This request for comments is made pursuant to the Paperwork Reduction Act of 1995.