Structuring

Structuring, also known as smurfing in banking industry jargon, is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300).

Legal restrictions on structuring should not be confused with capital controls, which are statutory or regulatory limits on the money that one can take out of a nation, though they can have some of the same economic effects in some economies, as structuring controls effectively limit the flow of capital by magnitude and duration, and can apply equally to taking money out of a nation as well as putting money into its finance system.

Background

Structuring includes the act of parceling what would otherwise be a large financial transaction into a series of smaller transactions to avoid scrutiny by regulators or law enforcement. Structuring often appears in federal indictments related to money laundering, fraud, and other financial crimes.

Structured programming

Structured programming is a programming paradigm aimed at improving the clarity, quality, and development time of a computer program by making extensive use of subroutines, block structures, for and while loopsin contrast to using simple tests and jumps such as the goto statement which could lead to "spaghetti code" which is difficult both to follow and to maintain.

It emerged in the late 1950s with the appearance of the ALGOL 58 and ALGOL 60 programming languages, with the latter including support for block structures. Contributing factors to its popularity and widespread acceptance, at first in academia and later among practitioners, include the discovery of what is now known as the structured program theorem in 1966, and the publication of the influential "Go To Statement Considered Harmful" open letter in 1968.

Structured programming is most frequently used with deviations that allow for clearer programs in some particular cases, such as when exception handling has to be performed.

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Latest News for: structured

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Public Technologies 27 Mar 2025
). March 27, 2025. Nihon Nohyaku's consolidated subsidiary Nichino Europe starts handling Interagro's products and strengthening. its sales structure in the UK and Ireland. Nihon Nohyaku Co., Ltd ... (UK)Ltd ... UK and Ireland to strengthen its sales structure.

Not enough medium-sized companies in India, ‘an institutional, structural problem’: Niti CEO

Financial Express 27 Mar 2025
INDIA DOES NOT have enough medium-sized firms that can scale into large companies, NITI Aayog CEO BVR Subrahmanyam said Wednesday ... Then, where is the growth going to come from? It's an institutional, structural problem,\u201d Subrahmanyam said ... .

HC directs collector to expedite demolition of unauthorised structures near airport

Hindustan Times 27 Mar 2025
The directions came on a plea claiming that the collector had violated earlier court orders by not all demolishing unauthorised structures ... News / Cities / Mumbai / HC directs collector to expedite demolition of unauthorised structures near airport.

Proposed tax compromise hits historically significant tax structures

Mississippi Business Journal 27 Mar 2025
... attention from politicos, insiders and those who oppose aspects of the bill, let’s not lose sight of the significance of the structural tax changes the legislation could provide if signed into law.

S. Korea installs floating structure to counter China's steel structure in overlapping maritime zone

Yonhap News 26 Mar 2025
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Korea installs floating structure to counter China's steel structure in overlapping maritime zone

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Korea has set up a floating structure in the overlapping waters with China in the West Sea as a countermeasure to the latter's recent installation of a steel structure in the area, Seoul's oceans minister said Wednesday.

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Archaeologists excavating Judean Desert 'pyramid' find Hellenistic structure

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