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

This past year has been a busy one in the money services business (MSB) area. As you may recall when we last met, I provided an overview of what FinCEN was
trying to do with our efforts to bring a more comprehensive Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regime to the prepaid…

Fact Sheet: FinCEN Implements Provision of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010

Today, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) delivered to the Federal Register a final rule to implement section 104(e) of the Comprehensive Iran Sanctions,…

SAR Activity Review Issue 20
PREPARED REMARKS OF JAMES H. FREIS, JR. DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK

 

Introduction

Thank you for inviting me back to participate for the third time in the past four years in this important seminar of the Association of Mexican Banks. The theme of my first speech in Acapulco three years ago was the importance of promoting greater information…

Second Quarter Mortgage Loan Fraud

VIENNA, Va. - The Financial Crimes Enforcement Network (FinCEN) today reported in its Second Quarter 2011 Analysis of mortgage loan fraud suspicious activity reports (MLF SARs) that financial institutions filed 29,558 MLF SARs in the…

In the Matter of Mohamed Mohamed-Abas Sheikh
The Partnership for Public Service Awards Call to Service Medal to FinCEN Analyst Ann Martin

The Partnership for Public Service Awards Call to Service Medal to FinCEN
Analyst Ann Martin

 

September 16, 2011

The nonprofit Partnership for Public Service presented nine Samuel J.…

FinCEN Proposes Mandatory Electronic Filing of Forms Requests Comments on Mandating E-Filing to Take Effect on June 30, 2012

VIENNA, Va. - In an effort to improve efficiency, reduce costs for the financial industry, and enhance the ability of investigators, analysts, and examiners to gain better and more timely access to important financial information, the Financial Crimes Enforcement Network (FinCEN) announced today…

Comment Request; Proposal that Electronic Filing of Bank Secrecy Act Reports be Required
Important Notices to E-Filers: FinCEN Releases Technical E-Filing Specifications for New CTR and SAR, Announces Informational Webinar

The Financial Crimes Enforcement Network (FinCEN) has released Electronic Filing Requirements For FinCEN’s Currency Transaction Report (CTR) and…