§ 1010.314 Structured transactions.
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Title 31 CFR: Money and Finance: Treasury › Chapter X: FINANCIAL CRIMES ENFORCEMENT NETWORK, DEPARTMENT OF THE TREASURY › Part 1010: GENERAL PROVISIONS › Subpart C: Reports Required To Be Made › § 1010.314: § 1010.314 Structured transactions.
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No person shall for the purpose of evading the transactions in currency reporting requirements of this chapter with respect to such transaction:
(a) Cause or attempt to cause a domestic financial institution to fail to file a report required under the transactions in currency reporting requirements of this chapter;
(b) Cause or attempt to cause a domestic financial institution to file a report required under the transactions in currency reporting requirements of this chapter that contains a material omission or misstatement of fact; or
(c) Structure (as that term is defined in § 1010.100(xx)) or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.
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