Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a Whistleblower Bulletin in support of Operation Economic Outcast. FinCEN maintains a whistleblower incentive program for the public to submit information about violations of certain statutes enforced by Treasury and the Department of Justice, including the Bank Secrecy Act (BSA) and the national security laws that serve as the foundation for U.S. trade and economic sanctions. FinCEN welcomes tips regarding individuals or entities that may be violating the BSA or sanctions programs administered by Treasury’s Office of Foreign Assets Control. This includes information about violations of these authorities that may involve the use of Iranian proxies and facilitators operating outside of Iran. Individuals who voluntarily provide such information may be eligible for awards. Treasury is prepared to take enforcement actions against any foreign company supporting illicit Iranian commerce, and, as necessary, may act against foreign financial institutions and companies that facilitate Iran’s activities when such activities violate the BSA or U.S. sanctions laws.
To learn more about the whistleblower program, including how to report tips, visit FinCEN’s webpage for the Office of the Whistleblower.
Resources
- Treasury Press Release
- FinCEN’s Whistleblower Bulletin: Blow the Whistle on Iran-Related Illicit Finance
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