[sickoflibs]

RE :”The current U.S. SAR (Suspicious Activity Report, formerly known as the Currency Transatcion Report) limit of $10,000 was part the the 1986 Money Laundering Control Act. It was pushed as a bulwark in the Drug War. “

Didn't the patriot Act do some related stuff, to cut off terrorist funding?

[Wolfie]

I’m sure the PATRIOT Act did all sorts of new things. But, as my FReeper friends kept telling me back then, these are different times now, and we had to support the President.

[Wolfie]

And of course, the real irony is that the only entity in the OP’s posted article that was ever involved in money laundering is HSBC itself, for which they paid a fine that represented a small percentage of their profits from said money laundering. It’s a tidy system.