source:
  type: regulation
  id: bsa-31usc-5335
  authority: Bank Secrecy Act (31 U.S.C.) § 5335 — Prohibition on concealment of the source of assets in monetary
    transactions
  description: 'Bank Secrecy Act (31 U.S.C.), §5335 Prohibition on concealment of the source of assets in monetary
    transactions. Captured section-complete from Cornell LII (verbatim).

    '
obligations:
- id: bsa-31usc-5335-a
  canonical_id: bsa-31usc-5335-a
  section: 31 U.S.C. §5335(a)
  description: 'Prohibition on concealment of the source of assets in monetary transactions — (a): (a) Definition
    of Monetary Transaction.— In this section, the term the term “monetary transaction”— (1) means the deposit,
    withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce, of funds or a monetary instrument
    (as defined in section 1956(c)(5) of title 18 ) by, through,…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5335
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5335
    snapshot_id: 6d4c915abd7a8063
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:dab0e24de0e203ba57a440f5a4eac3cd60f53a28c52098852054472d5acc59c8
    paragraph_quote: (a) Definition of Monetary Transaction.— In this section, the term the term “monetary transaction”—
      (1) means the deposit, withdrawal, transfer, or exchange, in or affecting interstate or foreign commerce,
      of funds or a monetary instrument (as defined in section 1956(c)(5) of title 18 ) by, through, or to a financial
      institution (as defined in section 1956(c)(6) of title 18 ); (2) includes any transaction that would be a
      financial transaction under section 1956(c)(4)(B) of title 18 ; and (3) does not include any transaction necessary
      to preserve the right to representation of a person as guaranteed by the Sixth Amendment to the Constitution
      of the United States.
    drafter_attestation: Verbatim slice of 31 U.S.C. §5335 subsection (a) from Cornell LII snapshot 6d4c915abd7a8063;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: bsa-31usc-5335-b
  canonical_id: bsa-31usc-5335-b
  section: 31 U.S.C. §5335(b)
  description: 'Prohibition on concealment of the source of assets in monetary transactions — (b): (b) Prohibition.—
    No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent,
    from or to a financial institution , a material fact concerning the ownership or control of assets involved
    in a monetary transaction if— (1) the person or entity who owns …'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5335
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5335
    snapshot_id: 6d4c915abd7a8063
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:dab0e24de0e203ba57a440f5a4eac3cd60f53a28c52098852054472d5acc59c8
    paragraph_quote: (b) Prohibition.— No person shall knowingly conceal, falsify, or misrepresent, or attempt to
      conceal, falsify, or misrepresent, from or to a financial institution , a material fact concerning the ownership
      or control of assets involved in a monetary transaction if— (1) the person or entity who owns or controls
      the assets is a senior foreign political figure, or any immediate family member or close associate of a senior
      foreign political figure, as set forth in this title or the regulations promulgated under this title; and
      (2) the aggregate value of the assets involved in 1 or more monetary transactions is not less than $1,000,000.
    drafter_attestation: Verbatim slice of 31 U.S.C. §5335 subsection (b) from Cornell LII snapshot 6d4c915abd7a8063;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: bsa-31usc-5335-c
  canonical_id: bsa-31usc-5335-c
  section: 31 U.S.C. §5335(c)
  description: 'Prohibition on concealment of the source of assets in monetary transactions — (c): (c) Source of
    Funds.— No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent,
    from or to a financial institution , a material fact concerning the source of funds in a monetary transaction
    that— (1) involves an entity found to be a primary money l…'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5335
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5335
    snapshot_id: 6d4c915abd7a8063
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:dab0e24de0e203ba57a440f5a4eac3cd60f53a28c52098852054472d5acc59c8
    paragraph_quote: (c) Source of Funds.— No person shall knowingly conceal, falsify, or misrepresent, or attempt
      to conceal, falsify, or misrepresent, from or to a financial institution , a material fact concerning the
      source of funds in a monetary transaction that— (1) involves an entity found to be a primary money laundering
      concern under section 5318A or the regulations promulgated under this title; and (2) violates the prohibitions
      or conditions prescribed under section 5318A(b)(5) or the regulations promulgated under this title.
    drafter_attestation: Verbatim slice of 31 U.S.C. §5335 subsection (c) from Cornell LII snapshot 6d4c915abd7a8063;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: bsa-31usc-5335-d
  canonical_id: bsa-31usc-5335-d
  section: 31 U.S.C. §5335(d)
  description: 'Prohibition on concealment of the source of assets in monetary transactions — (d): (d) Penalties.—
    A person convicted of an offense under subsection (b) or (c), or a conspiracy to commit an offense under subsection
    (b) or (c), shall be imprisoned for not more than 10 years, fined not more than $1,000,000, or both.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5335
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5335
    snapshot_id: 6d4c915abd7a8063
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:dab0e24de0e203ba57a440f5a4eac3cd60f53a28c52098852054472d5acc59c8
    paragraph_quote: (d) Penalties.— A person convicted of an offense under subsection (b) or (c), or a conspiracy
      to commit an offense under subsection (b) or (c), shall be imprisoned for not more than 10 years, fined not
      more than $1,000,000, or both.
    drafter_attestation: Verbatim slice of 31 U.S.C. §5335 subsection (d) from Cornell LII snapshot 6d4c915abd7a8063;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: bsa-31usc-5335-e
  canonical_id: bsa-31usc-5335-e
  section: 31 U.S.C. §5335(e)
  description: 'Prohibition on concealment of the source of assets in monetary transactions — (e): (e) Forfeiture.—
    (1) Criminal forfeiture.— (A) In general.— The court, in imposing a sentence under subsection (d), shall order
    that the defendant forfeit to the United States any property involved in the offense and any property traceable
    thereto. (B) Procedure.— The seizure, restraint, and forfeit…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: Bank Secrecy Act (31 U.S.C.) § 5335
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/31/5335
    snapshot_id: 6d4c915abd7a8063
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:dab0e24de0e203ba57a440f5a4eac3cd60f53a28c52098852054472d5acc59c8
    paragraph_quote: (e) Forfeiture.— (1) Criminal forfeiture.— (A) In general.— The court, in imposing a sentence
      under subsection (d), shall order that the defendant forfeit to the United States any property involved in
      the offense and any property traceable thereto. (B) Procedure.— The seizure, restraint, and forfeiture of
      property under this paragraph shall be governed by section 413 of the Controlled Substances Act ( 21 U.S.C.
      853 ). (2) Civil forfeiture.— (A) In general.— Any property involved in a violation of subsection (b) or (c),
      or a conspiracy to commit a violation of subsection (b) or (c), and any property traceable thereto may be
      seized and forfeited to the United States . (B) Procedure.— Seizures and forfeitures under this paragraph
      shall be governed by the provisions of chapter 46 of title 18 relating to civil forfeitures, except that such
      duties, under the customs laws described in section 981(d) of title 18 , given to the Secretary of the Treasury
      shall be performed by such officers, agents, and other persons as may be designated for that purpose by the
      Secretary of Homeland Security or the Attorney General. (Added Pub. L. 116–283, div. F, title LXIII, § 6313(a)
      , Jan. 1, 2021 , 134 Stat. 4596 .)
    drafter_attestation: Verbatim slice of 31 U.S.C. §5335 subsection (e) from Cornell LII snapshot 6d4c915abd7a8063;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
