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Asia Wealth Bank
Withdrawal of the Findings of Primary Money Laundering Concern and the Final Rules against Myanmar Mayflower Bank and Asia Wealth Bank.
SAR Activity Review Issue 22
SUMMARY OF ROUNDTABLE MEETING:

525 WEST MONROE STREET
SUITE 1100
CHICAGO, IL 60661
SEPTEMBER 28, 2012
9:00AM - 4:00PM

The Financial Crimes Enforcement Network (FinCEN) hosted a roundtable meeting to continue gathering information on the Advance Notice of Proposed Rulemaking (ANPRM) on customer due…

Department of the Treasury News Release: Treasury Withdraws Actions Against Two Burmese Banks
PREPARED REMARKS OF PETER ALVARADO DEPUTY DIRECTOR FINANCIAL CRIMES ENFORCEMENT NETWORK

Today I would like to discuss the purpose and conduct of FinCEN's enforcement program, and how we work with the Federal banking agencies (FBAs) to conduct joint and concurrent enforcement actions, when possible, which in turn ensures a more consistent and uniform approach to Bank Secrecy Act (…

FinCEN Director Freis Receives Treasury Medal

In a ceremony held at the Treasury Department on Wednesday, Sept. 19, 2012, James H. Freis, Jr., Director of the Financial Crimes Enforcement Network (FinCEN), was presented with the U.S. Department of the Treasury Medal. Several Federal, State, and international officials participated in the…

Message from Director Freis: OAS/CICAD Adopts Principles and Best Practices for the Use and Protection of FIU Information when Shared with Third Parties

On September 18, the Inter-American Drug Abuse Control Commission (CICAD) finalized and formally approved two statements that FinCEN, the financial intelligence unit (FIU) for the United States, and our close partner, the Mexican FIU, had worked hard to put forward. Under CICAD, we joined a…

FinCEN Announces Electronic Filing for Form 8300

VIENNA, Va. - The Financial Crimes Enforcement Network (FinCEN) today announced that a wide variety of businesses are now able to electronically file their Reports of Cash Payments Over $10,000 Received in a Trade or Business (Form 8300) using the…

Administrative Ruling Regarding the Participation of Associations of Financial Institutions in the 314(b) Program (Rescinded by FIN-2020-R002)

 

Dear []:

This letter responds to your [] request to the Financial Crimes Enforcement Network ("FinCEN") for an administrative ruling on the definition of "association of financial institutions." Specifically, you requested a determination of whether [the Company] would be…