Prepared Remarks
Himamauli Das
Acting Director
Financial Crimes Enforcement Network
FDIC-FinCEN Digital Identity Tech Sprint Demonstration Day
April 4, 2022
I am very pleased to be able to speak at the inaugural FDIC-FinCEN Tech Sprint focused on digital identity. My name is…
Newsroom
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) today highlighted three teams of experts in a Tech Sprint to help measure the effectiveness of digital identity proofing—the process used to collect, validate, and verify information…
WASHINGTON—The Financial Crimes Enforcement Network on March 31 assessed a $275,000 civil money penalty on A&S World Trading, Inc., d/b/a Fine Fragrance (A&S) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations. This is FinCEN’s first enforcement action for…
Prepared Remarks
Himamauli Das
Acting Director
Financial Crimes Enforcement Network
NYU Law’s Program on Corporate Compliance and Enforcement (PCCE)
March 25, 2022
Good morning and thank you for inviting me to be a part of your discussions this year. I want to start by…
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| News
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.
Specifically, USAA FSB admitted…
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is announcing its efforts to support the multilateral Russian Elites, Proxies, and Oligarchs (REPO) Task Force, announced earlier today by the U.S. Department of the Treasury and the U.S. Department of Justice. The task force aims to deny…