May 2008
FinCEN Issues Ruling (FIN-2008-R005) on Whether Certain Reloadable Card Operations are Money Services Businesses
FIN-2008-R005Issued: March 10, 2008Subject: Whether Certain Reloadable Card Operations are Money ServicesBusinesses
FinCEN Issues Ruling (FIN-2008-R002) on Whether a Foreign Exchange Dealer is a Currency Dealer or Exchanger or Money Transmitter
FIN-2008-R002Issued: March 18, 2008Subject: Whether a Foreign Exchange Dealer is a Currency Dealer or Exchanger or Money Transmitter
Dear [ ]:
I am responding to your letter of June 29, 2007 to [the Financial Crimes Enforcement Network]. You have requested a ruling as to whether your client, [Forex Company], is a money services business, specifically a currency dealer or exchanger or a money transmitter, as those terms are defined at 31 C.F.R. § 103.11(uu).
FinCEN Issues Ruling (FIN-2008-R003) on Whether a Person That is Engaged in the Business of Foreign Exchange Risk Management is a Currency Dealer or Exchanger or Money Transmitter
FIN-2008-R003Issued: March 18, 2008Subject: Whether a Person That is Engaged in the Business of Foreign Exchange Risk Management is a Currency Dealer or Exchanger or Money Transmitter
Dear [ ]:
FinCEN Issues Ruling (FIN-2008-R004) on Whether a Foreign Exchange Consultant is a Currency Dealer or Exchanger or Money Transmitter
Dear [ ]:
I am responding to your letter of January 24, 2008 to the Financial Crimes Enforcement Network, requesting a ruling as to whether your company [ ] is a money services business. Specifically, you have asked us to determine whether your company is a currency dealer or exchanger or a money transmitter as those terms are defined at 31 C.F.R. § 103.11(uu).1