Money Laundering Prevention Act of 1986

Money Laundering Prevention Act of 1986 - Requires a domestic financial institution and participant involved in any domestic coin or currency transaction involving amounts or denominations of $10,000 or more to file a report as prescribed by the Secretary of the Treasury.

Requires any institution involved in such a transaction involving amounts or denominations of $3,000 or more to obtain the following information and maintain a record of such information for five years: (1) the identity, address, and legal capacity of each participant in the transaction; (2) the identity of any real party in interest who is not directly participating; and (3) a description of the transaction. Requires each transaction record to be treated as a financial record of each person identified for purposes of the Right to Financial Privacy Act of 1978.

Directs any person participating in such a transaction to provide to the institution or participant which is required to file such a report or maintain such a record: (1) such person's identity, address, and interest in the transaction; and (2) the identity of any other person for whom such person is acting.