[Code of Federal Regulations]

[Title 31, Volume 1]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR103.63]



[Page 420]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

                       DEPARTMENT OF THE TREASURY

 

PART 103_FINANCIAL RECORDKEEPING AND REPORTING OF CURRENCY AND FOREIGN 

TRANSACTIONS--Table of Contents

 

                      Subpart E_General Provisions

 

Sec. 103.63  Structured transactions.



    No person shall for the purpose of evading the reporting 

requirements of Sec. 103.22 with respect to such transaction:

    (a) Cause or attempt to cause a domestic financial institution to 

fail to file a report required under Sec. 103.22;

    (b) Cause or attempt to cause a domestic financial institution to 

file a report required under Sec. 103.22 that contains a material 

omission or misstatement of fact; or

    (c) Structure (as that term is defined in Sec. 103.11(n) of this 

part) or assist in structuring, or attempt to structure or assist in 

structuring, any transaction with one or more domestic financial 

institutions.



[52 FR 11446, Apr. 8, 1987, as amended at 54 FR 3027, Jan. 23, 1989]