Testimony

03/28/2011 | Testimony
PREPARED REMARKS OF JAMES H. FREIS, JR., DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK, U.S. DEPARTMENT OF THE TREASURY

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…

05/19/2010 | Testimony
Statement of Charles M. Steele, Deputy Director, Financial Crimes Enforcement Network, United States Department of the Treasury

Chairman Levin, Ranking Member Camp, and distinguished Members of the Committee, I am Charlie Steele, Deputy Director of the Financial Crimes Enforcement Network (FinCEN), and I appreciate the opportunity to appear before you today to discuss the mission and regulatory authorities of FinCEN and…

04/28/2010 | Testimony
Statement of James H. Freis, Jr., Director, Financial Crimes Enforcement Network, United States Department of the Treasury

Chairman Moore, Ranking Member Biggert, and distinguished Members of the Subcommittee, I am Jim Freis, Director of the Financial Crimes Enforcement Network (FinCEN), and I appreciate the opportunity to appear before you today to discuss the findings and recommendations from two recent Government…

02/04/2010 | Testimony
Statement of James H. Freis, Jr., Director, Financial Crimes Enforcement Network, United States Department of the Treasury

Chairman Levin, Ranking Member Coburn, and distinguished members of the Subcommittee, I am Jim Freis, Director of the Financial Crimes Enforcement Network (FinCEN), and I appreciate the opportunity to appear before you today to discuss FinCEN's work in combating the flow of proceeds of foreign…

05/06/2009 | Testimony
Statement of James H. Freis, Jr, Director, Financial Crimes Enforcement Network, United States Department of the Treasury

Chairwoman Waters, Ranking Member Capito, and distinguished members of the Subcommittee, I am Jim Freis, Director of the Financial Crimes Enforcement Network (FinCEN), and I appreciate the opportunity to appear before you today to discuss FinCEN's work in combating mortgage loan fraud and our…

05/10/2007 | Testimony
STATEMENT OF WILLIAM F. BAITY, DEPUTY DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK, UNITED STATES DEPARTMENT OF THE TREASURY

Chairman Watt, Ranking Member Miller and distinguished members of the Subcommittee, on behalf of our Director and the men and women of the Financial Crimes Enforcement Network (FinCEN), we appreciate this opportunity to appear before you today to discuss the utility of information provided by…

11/14/2006 | Testimony
STATEMENT OF ASSOCIATE DIRECTOR, FOR REGULATORY POLICY AND PROGRAMS, JAMAL EL-HINDI, FINANCIAL CRIMES ENFORCEMENT NETWORK, UNITED STATES DEPARTMENT OF THE TREASURY

Chairman Coleman, Senator Levin, and distinguished Members of the Subcommittee, thank you for the opportunity to appear before you today to discuss the Financial Crimes Enforcement Network’s (FinCEN) ongoing efforts to address money laundering and terrorist financing concerns associated with the…

09/12/2006 | Testimony
STATEMENT OF ROBERT W. WERNER, DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK, UNITED STATES DEPARTMENT OF THE TREASURY

Chairman Shelby, Senator Sarbanes and distinguished members of the Committee, I appreciate the opportunity to appear before you today to discuss the Financial Crimes Enforcement Network’s (FinCEN) ongoing initiatives and efforts to combat money laundering and terrorist financing in the post 9/11…

06/21/2006 | Testimony
Statement of Don Carbaugh, Acting Associate Director of Regulatory Policy and Programs, Financial Crimes Enforcement Network

Chairman Bachus, Ranking Member Sanders, and distinguished members of the Subcommittee, I appreciate the opportunity to appear before you today to discuss initiatives that the Financial Crimes Enforcement Network is implementing under the Bank Secrecy Act relating to the money services business…

05/18/2006 | Testimony
STATEMENT OF ROBERT W. WERNER, DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK, UNITED STATES DEPARTMENT OF THE TREASURY

Chairman Bachus, Ranking Member Sanders and distinguished members of the Subcommittee, I appreciate the opportunity to appear before you today to discuss H.R. 5341, the "Seasoned Customer CTR Exemption Act of 2006". Balancing the regulatory burdens imposed upon the financial services industry…