Anti–Money Laundering in a Nutshell: Awareness and Compliance for Financial Personnel and Business

APPENDIXB

Code of Federal Regulations Title 31 Section 103.18

§ 103.18 Reports by banks of suspicious transactions.

(a)  General. (1) Every bank shall file with the Treasury Department, to the extent and in the manner required by this section, a report of any suspicious transaction relevant to a possible violation of law or regulation. A bank may also file with the Treasury Department by using the Suspicious Activity Report specified in paragraph (b)(1) of this section or otherwise, a report of any suspicious transaction that it believes is relevant to the possible violation of any law or regulation but whose reporting is not required by this section.

(2) A transaction requires reporting under the terms of this section if it is conducted or attempted ...