# 31 C.F.R. § 1010.505 (2026): Definitions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_505

## Section

- **Citation:** 31 C.F.R. § 1010.505 (2026)
- **Heading:** Definitions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter X: FINANCIAL CRIMES ENFORCEMENT NETWORK, DEPARTMENT OF THE TREASURY / Part 1010: GENERAL PROVISIONS / Subpart E: Special Information Sharing Procedures To Deter Money Laundering and Terrorist Activity / § 1010.505: § 1010.505   Definitions.

## Text

For purposes of this subpart E, the following definitions apply:
(a)
Account
means a formal banking or business relationship established to provide regular services, dealings, and other financial transactions, and includes, but is not limited to, a demand deposit, savings deposit, or other transaction or asset account and a credit account or other extension of credit.
(b)
Money laundering
means an activity criminalized by 18 U.S.C. 1956 or 1957, or an activity that would be criminalized by 18 U.S.C. 1956 or 1957 if it occurred in the United States.
(c)
Terrorist activity
means an act of domestic terrorism or international terrorism as those terms are defined in 18 U.S.C. 2331.
(d)
Transaction.
(1) Except as provided in paragraph (d)(2) of this section, the term “transaction” shall have the same meaning as provided in § 1010.100(bbb).
(2) For purposes of § 1010.520, a transaction shall not mean any transaction conducted through an account.

## Nearby sections

- [31 C.F.R. § 1010.500 (2026) § 1010.500   General.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_500.md)
- [31 C.F.R. § 1010.505 (2026) § 1010.505   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_505.md)
- [31 C.F.R. § 1010.520 (2026) § 1010.520   Information sharing between government agencies and financial institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_520.md)
- [31 C.F.R. § 1010.540 (2026) § 1010.540   Voluntary information sharing among financial institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_540.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P1010_S1010_505. Check the current official text before relying on it. Not legal advice.