RE: Purpose of anti-laundering laws?

[bram]

On Sun, 5 Mar 2000, Black Unicorn wrote:

> 
> > On Sat, 4 Mar 2000, Black Unicorn wrote:
> >
> >> This was and is rather expensive.  Each CTR (currency
> >> transaction report)
> >> costs a bank between $5 and $25 to process.
> 
> [...]
> 
> Any other questions?

Why aren't the banks lobbying heavily to get rid of those laws so they can
save money? Or do they appreciate the increased barriers to entry to their
industry?

-Bram Cohen