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LEVEL II MEMORANDUM
DATE:
December 4, 2013
TO:
Chief Academic Officers, Montana University System
FROM:
Neil Moira, Deputy Commissioner for Academic, Research, & Student Affairs
John Czech, Deputy
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What is level ii memorandum?
Level II memorandum is a form used to report certain financial transactions to regulatory authorities.
Who is required to file level ii memorandum?
Financial institutions and individuals engaging in specified financial transactions are required to file level II memorandum.
How to fill out level ii memorandum?
Level II memorandum can be filled out electronically through the designated reporting system provided by the regulatory authorities.
What is the purpose of level ii memorandum?
The purpose of level II memorandum is to monitor and track certain financial transactions to prevent money laundering, terrorist financing, and other illegal activities.
What information must be reported on level ii memorandum?
Level II memorandum typically requires reporting of transaction details, identification information of the parties involved, and other relevant financial information.
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