Federal reserve bank, as well as any operations conducted by or on behalf of the Board. The Board may also delegate this authority to a U.S. Federal reserve bank, so long as the reserve bank makes sure they follow the regulations proscribed by the Board and which are approved by the U.S. Attorney General. Law enforcement personnel are authorized to carry firearms and to make arrests for felonies committed while on the grounds or within the buildings of the Board or a reserve bank. Law enforcement officers must have successfully completed law enforcement training and be authorized to carry firearms and make arrests. Sec. 365. Reports relating to coins and currency Section 5331 ("Reports relating to coins and currency received in nonfinancial trade or business") was added to the BSA. It makes anyone who does business file a report for any coin and foreign currency receipts that are over US$10,000. The report must contain the name, address and any other identifying information so required by the U.S. Secretary of Treasury; the amount of coins or foreign currency received; the date and nature of the transaction and any other information required by the Secretary of Treasury. However, should a transaction be made that involves foreign currency then the report does not need to be made, and instead reports should be made through the relevant regulations covered under . Transactions that are made entirely outside of the United States are also not covered under . , which prohibits the structuring of transactions in such a way as to evade reporting requirements, was also amended to include the reporting of any coin and foreign currency receipts over US$10,000. The term "nonfinancial trade or business" was made to mean "any trade or business other than a financial institution that is subject to the reporting requirements of section 5313 and regulations prescribed under such section." Sec. 366. Efficient use of CTRs In 1970, U.S. Congress established currency transaction reporting requirements via the BSA. However, though government agencies found the reports to be extremely useful in criminal, tax and regulatory investigations, it soon became apparent that the sheer volume of such reports was becoming overwhelming. Therefore, in 1986, Congress passed the Money Laundering Control Act (MLCA), which did two things: firstly, it made it easier to report this information (previously, tellers had to contact an agent directly, the Act allowed tellers to merely fill in a