August 2016
Advisory Information
The Financial Crimes Enforcement Network (FinCEN), in consultation with the U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General (OIG), is issuing this advisory to highlight reverse mortgage fraud schemes potentially related to the Federal Housing Administration (FHA) Home Equity Conversion Mortgage (HECM) program so that financial institutions may better assist law enforcement when filing Suspicious Activity Reports (SARs)1.
Advisory Information
This Advisory is being issued to inform banks and other financial institutions operating in the United States of new developments with regard to Uzbekistan’s anti-money laundering and countering the financing of terrorism (AML/CFT) regime.
Since the issuance of FinCEN’s Advisory FIN-2008-A0041, the Financial Action Task Force (FATF) issued the following statement2 at its February 2010 Plenary:
Advisory Information
| Guidance to Financial Institutions Based on the Financial Action Task Force Publication on Anti-Money Laundering and Counter-Terrorist Financing Risks posed by Antigua and Barbuda; Azerbaijan; Bolivia; Greece; Indonesia, Kenya; Morocco; Burma; Nepal; Nigeria; Paraguay; Qatar; Sri Lanka; Sudan; Syria; Trinidad and Tobago; Thailand; Turkey; Ukraine; and Yemen. |
Advisory Information
FinCEN Advisory
Banks and other financial institutions operating in the United States are advised to give enhanced scrutiny to all financial transactions originating in or routed to or through Niue, or involving entities organized or domiciled, or persons maintaining accounts, in Niue. The need for such enhanced scrutiny is discussed in the remainder of this Advisory.
Niue is a small, self-governing island in the South Pacific Ocean that relies on New Zealand to manage its external affairs. The population of Niue is approximately 2,000.
Advisory Information
FinCEN Advisory
Banks and other financial institutions operating in the United States are advised to give enhanced scrutiny to all financial transactions originating in or routed to or through the Principality of Liechtenstein, or involving entities organized or domiciled, or persons maintaining accounts, in Liechtenstein. The need for such enhanced scrutiny is discussed in the remainder of this Advisory.
Advisory Information
FinCEN Advisory
WITHDRAWAL
This Advisory is being issued to inform banks and other financial institutions operating in the United States that Financial Crimes Enforcement Network (FinCEN) Advisory Issue 18, regarding Lebanon, is hereby withdrawn.
Advisory Information
FinCEN Advisory
Banks and other financial institutions operating in the United States are advised to give enhanced scrutiny to all financial transactions originating in or routed to or through Lebanon, or involving entities organized or domiciled, or persons maintaining accounts, in Lebanon. The need for such enhanced scrutiny is discussed in the remainder of this Advisory.
Advisory Information
FinCEN Advisory
WITHDRAWAL
This Advisory is being issued to inform banks and other financial institutions operating in the United States that Financial Crimes Enforcement Network (FinCEN) Advisory Issue 17, regarding the State of Israel, is hereby withdrawn.
Advisory Information
FinCEN Advisory
This Advisory is being issued to inform banks and other financial institutions operating in the United States of serious deficiencies in the counter-money laundering systems of the State of Israel. The impact of such deficiencies on the scrutiny that should be given to certain transactions or banking relationships involving Israel, in light of the suspicious transaction reporting obligations of financial institutions operating in the United States, is discussed below.
Advisory Information
FinCEN Advisory
WITHDRAWAL
This Advisory is being issued to inform banks and other financial institutions operating in the United States that Financial Crimes Enforcement Network (FinCEN) Advisory Issue 16, regarding the Commonwealth of Dominica, is hereby withdrawn.