31 C.F.R. § 561.310
Current through September 30, 2024
The term money laundering means engaging in deceptive practices to obscure the nature of transactions involving the movement of illicit cash or illicit cash equivalent proceeds into, out of, or through a country, or into, out of, or through a financial institution, such that the transactions are made to appear legitimate.
31 C.F.R. § 561.310