STRUCTURING TRANSACTIONS TO EVADE CMIR REQUIREMENT.

SEC. 1525. STRUCTURING TRANSACTIONS TO EVADE CMIR REQUIREMENT. (a) In General.—Section 5324 of title 31, United States Code, is amended— (1) by inserting “(a) Domestic Coin and Currency Trans-actions.—” before “No person”; and (2) by adding at the end the following: “(b) International Monetary Instrument Transactions.—No person shall, for the purpose of evading the reporting requirements of section 5316— (1) fail to file a report required by section 5316, or cause or attempt to cause a person to fail to file such a report; (2) file or cause or attempt to cause a person to file a report required under section 5316 that contains a material omission or misstatement of fact; or 106 STAT. 4065 (3) structure or assist in structuring, or attempt to structure or assist in structuring, any importation or exportation of monetary instruments.”. (b) Conforming Amendment.—Section 532i(a)(4)(C) of title 31, United States Code, is amended by striking “under section 5317(d)”. (c) Forfeiture.— (1) Title 18.—Section 981(a)(1)(A) of title 18, United States Code, is amended by striking “5324” and inserting “5324(a)”. (2) Title 31.—Section 5317(c) of title 31, United States Code, is amended by inserting after the first sentence “Any property, real or personal, involved in a transaction or attempted transaction in violation of section 5324(b), or any property traceable to such property, may be seized and forfeited to the United States Government”,