Currency Transaction Report (CTR)

URI: https://gptkb.org/entity/Currency_Transaction_Report_(CTR)
GPTKB entity
Statements (26)
Predicate Object
gptkbp:instanceOf financial regulatory report
gptkbp:appliesTo payments
transfers
cash deposits
cash withdrawals
currency exchanges
U.S. financial institutions
gptkbp:compatibleWith exempt persons
gptkbp:contains transaction details
information about the person conducting the transaction
information about the account holder
gptkbp:electronicFilingRequiredSince 2013
gptkbp:filingDate gptkb:Financial_Crimes_Enforcement_Network_(FinCEN)
financial institutions
gptkbp:frequency per qualifying transaction
https://www.w3.org/2000/01/rdf-schema#label Currency Transaction Report (CTR)
gptkbp:introducedIn 1970
gptkbp:penalty civil and criminal penalties
gptkbp:publicLawNumber gptkb:FinCEN_Form_112
gptkbp:purpose detect and prevent money laundering
gptkbp:regulates gptkb:U.S._Department_of_the_Treasury
gptkbp:relatedTo gptkb:Suspicious_Activity_Report_(SAR)
gptkbp:requires gptkb:Bank_Secrecy_Act_(BSA)
gptkbp:triggeredBy cash transactions exceeding $10,000
gptkbp:bfsParent gptkb:Bank_Secrecy_Act_(BSA)
gptkbp:bfsLayer 7