Fla. Admin. Code R. 12-19.004

Current through Reg. 50, No. 124; June 25, 2024

Section 12-19.004 - Penalties for Failure to Comply

The Florida Money Laundering Act imposes a criminal penalty for willful failure to file a report of a large currency transaction. Each separate currency transaction exceeding $10,000 which the recipient willfully fails to report properly constitutes a separate, punishable offense.

Fla. Admin. Code Ann. R. 12-19.004

Rulemaking Authority 896.102(3) FS. Law Implemented 896.102 FS.

New 2-18-88, Amended by Florida Register Volume 44, Number 249, December 26, 2018 effective 1/8/2019.

New 2-18-88, Amended 1-8-19.