If we fail to file a CTR, do we have to contact FinCEN?
I recently attended a local human resource management workshop. At the workshop they were giving away door prizes and a grand prize of a paid attendance at a national human resource conference. I won the grand prize which included free registration and expenses up to $1500. My bank is not allowing me to accept it. They are saying it violates our ethics policy based on the Bank Bribery Act. I don't see the connection. The local Human Resources Group is not a customer or vendor of my bank. Is my bank accurate in interpreting the Bribery Law. Anyone could have won the prize?
Can you barter for the cost of ad production?