Speeches

11/07/2011 | Speech
ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING CONFERENCE

The role of the FIU in combating transnational organized crime,
including working within government, with overseas governments and with business

10/28/2011 | Speech
Nebraska Bankers Association Summit on Regulatory Issues

Good afternoon. I appreciate the opportunity to speak with you all today about the work we are doing at the Financial Crimes Enforcement Network – known as FinCEN. I know it was six years ago that my predecessor, Bill Fox, spoke before this conference, so I am happy to be in Nebraska…

10/05/2011 | Speech
MONEY TRANSMITTER REGULATORS ASSOCIATION 2011 ANNUAL CONFERENCE

This past year has been a busy one in the money services business (MSB) area. As you may recall when we last met, I provided an overview of what FinCEN was
trying to do with our efforts to bring a more comprehensive Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regime to the prepaid…

09/29/2011 | Speech
ASSOCIATION OF MEXICAN BANKS 13TH ANTI-MONEY LAUNDERING AND FINANCING TERRORISM INTERNATIONAL SEMINAR

 

Introduction

06/28/2011 | Speech
BSA Coalition Anti-Money Laundering Conference

Good afternoon. I think this conference - which brings together financial institutions, law enforcement and regulators - is a perfect forum for us to have a productive discussion on the work we are doing at the Financial Crimes Enforcement Network - known as FinCEN, as well as the value to…

05/23/2011 | Speech
DELIVERED AT THE INSTITUTE OF INTERNATIONAL BANKERS ANNUAL ANTI-MONEY LAUNDERING SEMINAR

Introduction

Today I would like to speak about two distinct issues, both involving international information exchange, and analogies that one may draw between the two issues. First, I will describe some ongoing developments in FinCEN's work with its direct foreign counterparts, known as…

03/28/2011 | Speech
DELIVERED AT THE MORTGAGE BANKERS ASSOCIATION’S NATIONAL FRAUD ISSUES CONFERENCE 2011 OPENING GENERAL SESSION

Good morning. Today, I think that it is important that I focus my remarks on what FinCEN is trying to do to address a vulnerability in our Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regime as it relates to mortgage brokers, and how this effort fits into FinCEN’s overall initiative to…

02/20/2011 | Speech
DELIVERED AT THE ABA 2011 NATIONAL CONFERENCE FOR COMMUNITY BANKERS

Let me begin today the same way that my colleagues at FinCEN and I have begun many discussions over the past year as we sat down with individual depository institutions around the country: "Please tell me about your institution and how you seek to serve your customers." Followed perhaps by, "…

10/18/2010 | Speech
DELIVERED AT THE ABA/ABA MONEY LAUNDERING ENFORCEMENT CONFERENCE

I welcome and applaud that the ABA/ABA Money Laundering Enforcement Conference expanded this year to include the important roles fraud professionals play within their financial institutions to identify and root out fraud. There is no greater advocate on the importance of focusing on the nexus…

10/02/2010 | Speech
DELIVERED AT THE FINANCIAL SERVICE CENTERS OF AMERICA, INC. THE 22ND ANNUAL FISCA CONFERENCE AND EXPOSITION

The theme of your conference this year - Moving Forward: Issues and Answers for a Changing Industry – is particularly fitting given the issue I would like to discuss with you today. Change is something that your industry has always needed to adapt to. Even more than a decade ago, FiSCA…