Enforcement Actions

Under the Bank Secrecy Act (BSA), 31 U.S.C. 5311 et seq., and its implementing regulations at 31 C.F.R. Chapter X (formerly 31 C.F.R. Part 103), FinCEN may bring an enforcement action for violations of the reporting, recordkeeping, or other requirements of the BSA. FinCEN's Office of Enforcement evaluates enforcement matters that may result in a variety of remedies, including the assessment of civil money penalties. For example, civil money penalties may be assessed for recordkeeping violations under 31 C.F.R §1010.415 (formerly 31 C.F.R. §103.29), or for reporting violations for failing to file a currency transaction report (CTR) in violation of 31 C.F.R. §1010.311 (formerly 31 C.F.R. §103.22), a suspicious activity report (SAR) in violation of 31 C.F.R. § 1021.320 (formerly 31 C.F.R. §103.21), or a report of foreign bank and financial accounts (FBAR) in violation of 31 C.F.R §1010.350 (formerly 31 C.F.R. §103.24). FinCEN also takes enforcement actions against money services businesses (MSBs) for failure to register with FinCEN in violation of 31 C.F.R §1022.380 (formerly 31 C.F.R. §103.41).

Enforcement Actions for Failure to Register as a Money Services Business

If you are unable to download a copy of an enforcement action from FinCEN's Web site, you may request that a paper copy be mailed to you by: (i) an e-mail: frc@FinCEN.gov; (ii) a fax request to FinCEN's fax number at 202-354-6411; or (iii) a call to FinCEN's Regulatory Helpline at 1-800-949-2732. The request should include your name and name of your organization; the enforcement action and matter number as listed on the index; and a method of sending the document to you (postal address, fax number, or telephone number for arranging pick-up).

 

Enforcement Action Date Sort ascending Matter Number Financial Institution
In the Matter of U.S. Bank National Association 2018-01 Depository Institutions
In the Matter of Lone Star National Bank 2017-04 Depository Institutions
In the Matter of Merchants Bank of California, N.A. 2017-02 Depository Institutions
In the Matter of Bethex Federal Credit Union 2016-06 Depository Institutions
In the Matter of Gibraltar Private Bank and Trust Company 2016-01 Depository Institutions
In the Matter of Bank of Mingo 2015-08 Depository Institutions
In the Matter of First National Community Bank of Dunmore, Pennsylvania 2015-03 Depository Institutions
In the Matter of North Dade Community Development Federal Credit Union 2014-07 Depository Institutions
In the Matter of JPMorgan Chase Bank, N.A. 2014-01 Depository Institutions
In the Matter of Saddle River Valley Bank 2013-02 Depository Institutions
In the Matter of TD Bank, N.A. 2013-1 Depository Institutions
In the Matter of HSBC Bank USA N.A. 2012-02 Depository Institutions
In the Matter of First Bank of Delaware 2012-01 Depository Institutions
In the Matter of Frank E. Mendoza 2011-11 Depository Institutions
In the Matter of Ocean Bank 2011-7 Depository Institutions
In the Matter of Pacific National Bank 2011-5 Depository Institutions
In the Matter of Zions First National Bank 2011-01 Depository Institutions
In the Matter of Pamrapo Savings Bank, S.L.A. 2010-3 Depository Institutions
In the Matter of Eurobank, San Juan, Puerto Rico 2010-02 Depository Institutions
In the Matter of Wachovia Bank, National Association, Charlotte, North Carolina 2010-1 Depository Institutions
In the Matter of Doha Bank, New York Branch 2009-1 Depository Institutions