Speeches

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…

09/01/2010 | Speech
DELIVERED AT THE MONEY TRANSMITTER REGULATORS ASSOCIATION 2010 ANNUAL MEETING AND EXAMINERS??? SCHOOL

I would like to spend our time together this morning sharing what FinCEN is trying to do with our efforts to bring a more comprehensive Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regime to the prepaid access industry.

05/20/2010 | Speech
DELIVERED AT THE INSTITUTE OF INTERNATIONAL BANKERS 2010 AML CONFERENCE

It is a pleasure to be back with you today at the Institute of International Bankers' International Banking Anti-Money Laundering Seminar. It was at this seminar three years ago that I gave my first public speech to a large banking industry group, not long after having assumed my current…

02/18/2010 | Speech
DELIVERED AT THE FLORIDA INTERNATIONAL BANKERS ASSOCIATION 2010 AML CONFERENCE

It is a pleasure to be back at this FIBA conference. When I first spoke here two years ago about the important partnership between the government and the financial industry in fighting illicit financial activity, I gave you my commitment that FinCEN would continue to build upon its efforts to…

10/22/2009 | Speech
ASSOCIATION OF MEXICAN BANKS11TH ANTI-MONEY LAUNDERING AND FINANCING TERRORISM INTERNATIONAL SEMINAR

Introduction

It is an honor to be back in Mexico to speak before the Association of Mexican Banks following my visit last year when I spoke about the importance of promoting information sharing in our global anti-money laundering (AML) and counterterrorism finance (CFT) efforts.1…

10/13/2009 | Speech
DELIVERED AT THE ABA/ABA MONEY LAUNDERING ENFORCEMENT CONFERENCE

A strong partnership is needed between the financial industry and our government to fight money laundering, terrorist financing, fraud and other financial crimes. An effective partnership requires an open and ongoing dialogue among the partners. Meeting with you today…