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July 2016

STATEMENT OF WILLIAM J. FOX DIRECTOR FINANCIAL CRIMES ENFORCEMENT NETWORK UNITED STATES DEPARTMENT OF THE TREASURY

Madam Chairman, Congressman Gutierrez, and distinguished members of the Committee, thank you for the opportunity to appear before you today to discuss our vision for the Financial Crimes Enforcement Network. This is my first opportunity to appear before a House Committee, and I would like you to know that I consider it a great honor to be here. We very much appreciate the leadership and commitment of the House Financial Services Committee ' particularly this Subcommittee on Oversight ' on the important issues that are the focus of today's hearing.

PREPARED REMARKS OF JAMES H. FREIS, JR. DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK

Good morning. I would like to thank Clemente Vazquez-Bello for his kind introduction. I’d also like to thank Pat Roth for her leadership within the Florida International Bankers Association and for inviting me to speak with all of you today at the 8th Annual Florida International Bankers Association AML Compliance Conference. I am delighted to be a part of the dynamic cadre of speakers you will be hearing from over these next two days.

IMPORTANT NOTICE: FinCEN Asks MSBs to Provide Their Lists of Agents

In a letter to money services businesses (MSBs) dated April 27, 2011, the Financial Crimes Enforcement Network (FinCEN) requested that certain MSBs provide FinCEN with a list of their agents. The request applies to MSBs whose registration form (FinCEN Form 107, Registration of Money Services Business) identifies one or more agents authorized to conduct business on behalf of the MSB.

A Message from FinCEN Acting Director Baity to the Users of BSA Data

January 29, 2007

PDF: 20070129.pdf

"The Financial Crimes Enforcement Network continues to seek methods to improve the availability of Bank Secrecy Act (BSA) information to our various stakeholders to pursue our common mission: the protection of our financial system from the abuses of financial crime, including terrorist financing, money laundering, and other illicit activity.