31.   But it could also lead to virtually untraceable financial transactions that law-enforcement officials fear could usher in entirely new forms of racketeering and money laundering.

32.   But it does pressure banks and brokerage houses to scrutinize all financial transactions with clients there as possibly linked to crime or high-risk financial transactions.

33.   But it effectively warns banks and brokerage houses to scrutinize all financial transactions with customers in those countries as possibly linked to crime or high-risk transactions.

34.   But it is precisely that code strength that is used for a number of the financial transactions with e-commerce sites on the Internet.

35.   But just as important, he said, is more international cooperation on financial transactions and on tracking the travel of suspected terrorists.

36.   But new uncertainties could undermine dozens of pending mergers and acquisitions and countless other financial transactions, lawyers and investment bankers said.

37.   But State Department officials said the October agreement calls for easing the sanctions on trade, telecommunications links or financial transactions.

38.   But the great promise held out by these developments works only if the public believes their financial transactions will be safe.

39.   But the yen would seem easier to use in financial transactions simply because the amounts would look smaller and the mathematics would be simpler.

40.   But the secrecy and lack of regulation makes hawala a Bermuda Triangle of financial transactions.