Newsroom

| Administrative Ruling
  Dear [ ]: This responds to your letter of March 18, 2014, seeking an administrative ruling from the Financial Crimes Enforcement Network (“FinCEN”) on behalf of [ ] (the “Company”), about the Company’s possible status as a money services business (“MSB”) under the Bank Secrecy Act (“BSA”).…
| News
WASHINGTON, D.C. –The Financial Crimes Enforcement Network (FinCEN) has reached an agreement with Mr. George Que, the former VIP Services Manager at the Tinian Dynasty Hotel & Casino in the Northern Mariana Islands, to permanently bar him from working in financial institutions as a result of…
| Enforcement Action
| Speech
Good morning. I am honored to be a part of this year’s conference, which brings together law enforcement, the regulatory community, and the financial industry. I would like to thank everyone on the planning committee who worked to pull together such a compelling agenda for this event. I know I am…
| Advisory
Shortcomings identified in recent Anti-Money Laundering (AML) enforcement actions confirm that the culture of an organization is critical to its compliance. Although enforcement actions are specific to the subject financial institution and the characteristics of the situation, certain general…
| Advisory
On June 27, 2014, the Financial Action Task Force (FATF) updated its list of jurisdictions with strategic AML/CFT deficiencies. These changes may affect U.S. financial institutions’ obligations and risk-based approaches with respect to relevant jurisdictions. As part of the FATF’s listing and…
| News
WASHINGTON, D.C. – The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in close coordination with its Mexican counterpart, the Unidad de Inteligencia Financiera (UIF), today announced a series of reporting initiatives designed to greatly improve the transparency of…
| Guidance
The Financial Crimes Enforcement Network (“FinCEN”) is issuing this guidance to correct observed deficiencies and enhance compliance by common carriers of currency,1 including armored car services, with the filing requirements of FinCEN 105, Report of International Transportation of Currency or…