![]() ![]() Because you essentially pose a question of general applicability-i.e., how certain terms used in the CTR exemption rules should be defined-we are providing you with general guidance instead of an administrative ruling. FinCEN issues administrative rulings to interpret the application of a Bank Secrecy Act ("BSA") rule to a particular set of facts and circumstances. In your letter, you specifically request a ruling as to whether certain objects would fall within the above-listed categories. I am responding to your letter, dated October 21, 2010, for an administrative ruling defining motor vehicles, vessels, aircraft, and farm equipment as it relates to exempting the cash transactions of a customer from the requirement to file a currency transaction report ("CTR").
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