Newsroom

| Advisory
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 Arab Republic of Egypt. The impact of such deficiencies on the scrutiny that should be given to…
| Advisory
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 orthrough Burma, or involving entities organized or domiciled, or persons maintainingaccounts, in Burma. The need…
| Administrative Ruling
Dear [ ]:This letter responds to your letter to Judith R. Starr, Chief Counsel of the Financial Crimes Enforcement Network (“FinCEN”) dated December 14, 2001, in which you seek, on behalf of [ ], interpretive guidance regarding application of the Bank Secrecy Act (“BSA”), 31 U.S.C. 5311-5331, and…
| Administrative Ruling
Dear [ ]: This responds to your letter of September 26, 2001, on behalf of [ ] (the 'Bank'), to the Internal Revenue Service-Enterprise Computing Center-Detroit (IRS), regarding the requirement to file Currency Transaction Reports (CTRs) in accordance with the Bank Secrecy Act (BSA), 31 U.S.C.…
| Advisory
FinCEN AdvisoryThis Advisory is being issued to supplement the Financial Crimes Enforcement Network (FinCEN) Advisory 21, issued in July 2000, regarding the Republic ofNauru. Although Nauru has enacted some legislative reforms to address the deficiencies noted in Advisory 21, the Treasury…