On December 4, 2008, the Financial Crimes Enforcement Network (FinCEN) published a final rule that modifies the process by which depository institutions exempt certain customers from filing currency transaction reports (CTRs). Modification of the CTR exemption process, which is codified at 31 CFR § 103.22(d), is part of FinCEN's continuing effort to improve the efficiency and effectiveness of its anti-money laundering and counter-terrorist financing policies.

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