The U.S. Treasury Department issued a pair of final rules Monday that will give investigators more information on bail payments and tweak reporting exemptions on payroll accounts. The Financial Crimes Enforcement Network (FinCEN), which drafted both regulations, said that court clerks that transact more than $10,000 in a day must file currency transaction reports (CTRs) with the bureau rather than Form 8300s, a type of regulatory report that they have been required to send to the IRS since 2002. The reporting rules will apply to such transactions as payments to make bail, which can "be indicative of money laundering and...
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