| United States. Internal Revenue Service - 1974
...insured banks. It contains congressional findings "that adequate records maintained by insured banks have a high degree of usefulness in criminal, tax, and regulatory investigations and proceedings." The major requirements 'See n. 11, infra. of the section are that insured banks record the identities... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1970 - 1242 lapas
...other group has done adequate work so as to determine the records of purely domestic transactions which are likely to have a high degree of usefulness in...tax and regulatory investigations and proceedings. We feel that it is unwise to adopt legislation with such mandatory requirements on the ground that... | |
| United States. Dept. of the Treasury - 1970 - 880 lapas
...amendments that would have limited all recordkeeping and reporting requirements of HR 15073 to those which are likely to have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings. However, the committee adopted this significant limitation... | |
| United States. Congress. Senate. Banking and Currency Committee - 1972 - 540 lapas
...banks and other financial institutions to maintain records of bank transactions where such records have a high degree of usefulness in criminal, tax, and regulatory investigations. We are equally anxious to preserve the individual's right of privacy and the confidential relationship... | |
| United States. Congress. Senate. Committee on the Judiciary - 1973 - 212 lapas
...Congress (Section 101 of Public Law 91-508) ". . . that adequate records maintained by insured banks have .a high degree of usefulness in criminal, tax, and regulatory investigations and proceedings.'' I think, that law enforcement is greatly aided by law enforcement agency access to these bank records.... | |
| United States. Congress. Senate. Banking, Housing and Urban Affairscommittee - 1974 - 228 lapas
...customers. The erstwhile purpose of the Bank Secrecy Act in requiring these records and reports is that they "have a high degree of usefulness in criminal, tax, and regulatory investigations and proceedings." Since the term "criminal, tax, and regulatory investigations and proceedings" includes in its broad... | |
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