Quote:
Originally Posted by rlpw
All depends on how much money they need to launder and what their percentage is
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You have no idea how much grief the money laundering regulations bring into my work. They have no de minimis limit
de minimis is a technical term meaning, "if it's below this amount don't worry about it" Under money laundering rules not only is a 1p problem technically reportable (say a shopkeeper gives 1p under in change) but theoretically if I could reasonably be aware of it and don't report it I could actually go to prison.
Truly the law is a ass. (not a typo. That's how Dickens wrote it)