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If you are not a member of the media, please visit the FinCEN contact page.

| Guidance
Application of Correspondent Account Rules to the Presentation of Negotiable Instruments Received by a Covered Financial Institution for Payment

The Financial Crimes Enforcement Network ("FinCEN") is issuing this interpretative guidance to clarify how our rules implementing section 312 of the USA PATRIOT Act (the correspondent account rule) apply to a covered financial institution presenting a negotiable instrument for payment to another…

| News
Sigue Corp. and Sigue, LLC of California to Pay $15 Million to U.S. Government for Anti-Money Laundering Program Deficiencies

The Financial Crimes Enforcement Network (FinCEN) announced the assessment of a civil money penalty in the amount of $12 million against Sigue Corporation and Sigue, LLC, a money services business headquartered in San Fernando, California, for violations of the Bank Secrecy Act (BSA). Sigue,…

| Enforcement Action
In the Matter of Sigue Corporation and Sigue, LLC
| Administrative Ruling
Reporting of Certain Currency Transactions for Sole Proprietorships and Legal Entities Operating Under a “Doing Business As” (“DBA”) Name


FIN-2008-R001

Issued: January 25, 2008

Subject:Reporting of Certain Currency Transactions for Sole Proprietorships and Legal Entities Operating Under a "Doing Business As" ("DBA") Name

The Financial Crimes Enforcement Network ("FinCEN") is issuing this administrative…

| Guidance
Reporting of Certain Currency Transactions for Sole Proprietorships and Legal Entities Operating Under a "Doing Business As" ("DBA") Name

The Financial Crimes Enforcement Network ("FinCEN") is issuing this administrative ruling to clarify the currency transaction report ("CTR") filing obligations when reporting transactions involving sole proprietorships. Subsequent to a prior ruling on this issue,1 FinCEN received…

| News
FinCEN Names Peter Goodyear as Associate Director for Analysis and Liaison

VIENNA, Va. - James H. Freis, Jr., Director of the Financial Crimes Enforcement Network (FinCEN), this week welcomed Peter Goodyear as FinCEN's Associate Director for Analysis and Liaison.

Mr. Goodyear - formerly a senior vice president at Citigroup - will oversee FinCEN's analysis of…

| Federal Register Notice
Federal Register Notice: Financial Crimes Enforcement Network: Amendment Regarding Financial Institutions Exempt from Establishing Anti-Money Laundering Programs
| Administrative Ruling
Whether a Business that Cashes Checks Payable to Customers to Apply Proceeds to the Repayment of Customers’ Obligations is a Money Services Business

Dear [ ]:

This letter responds to your request for an administrative ruling, dated June 16, 2007, regarding whether your client, [ ], should be registered as a money services business (MSB). For the reasons set forth below, we have determined that your client’s business is not an MSB,…

| Administrative Ruling
Whether a Publicly Traded Company that Cashes its own Checks Issued to Loan Customers is a Money Services Business

Dear [ ]:

I am responding to your letter, dated July 5, 2007, to the Financial Crimes Enforcement Network. You have asked us to determine whether [ ] (the "Company") is a money services business, specifically a check casher as that term is defined in our regulations.

As you…

| Speech
PREPARED REMARKS OF JAMES H. FREIS, JR. DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK

Good afternoon. It is a pleasure to be here with all of you today at this important conference. Before I begin my remarks, I would like to first thank the Anti-Money Laundering and Terrorist Financing Committee of the New York State Society of Certified Public Accountants for inviting me here…