A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.

If such a person is reticent about supplying that information to the company, then have them apply for their own personal FINCEN identification number and then provide that number to the company.

ADDRESS AND SOME FORM OF IDENTIFICATION. AND IF YOU’RE COMFORTABLE WITH THE TECHNOLOGY AND GOING ONLINE TO DO THIS, IT TAKES 5 TO 10 MINUTES. NOW, ACCORDING TO THE WEBSITE, FINCEN SAYS IT WILL ...

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...