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Advisory to Financial Institutions on E-mail Compromise Fraud Schemes

The Financial Crimes Enforcement Network (FinCEN) is issuing this advisory to help financial institutions guard against a growing number of e-mail fraud schemes in which criminals misappropriate funds by deceiving financial institutions and their customers into conducting wire transfers. This…

FinCEN Issues Advisory to Financial Institutions on E-Mail Compromise Fraud Schemes

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to help financial institutions guard against a growing number of e-mail fraud schemes in which criminals misappropriate funds by deceiving financial institutions and their customers into conducting wire transfers.…

Prepared Remarks of FinCEN Associate Director for Enforcement Thomas Ott, delivered at the National Title 31 Suspicious Activity & Risk Assessment Conference and Expo

Introduction

Good morning.  I would like to thank Mindy for the very kind introduction, as well as Jim Dowling, who invited me to speak today.  It is a pleasure to be here in Las Vegas to discuss FinCEN’s oversight of casinos and card clubs under the…

U.S. Department of the Treasury and Federal Banking Agencies Joint Fact Sheet on Foreign Correspondent Banking
Customer Identification Programs, Anti-Money Laundering Programs, and Beneficial Ownership Requirements for Banks Lacking a Federal Functional Regulator
FinCEN Proposes Customer Identification Programs, Anti-Money Laundering Programs, and Beneficial Ownership Requirements for Banks Lacking a Federal Functional Regulator

To ensure consistent Bank Secrecy Act (BSA) coverage across the banking industry, FinCEN is proposing to require banks lacking a Federal functional regulator to establish and implement Anti-Money…

Request for Comments August 24, 2016. Comments due - October 24, 2016
Notice of Proposed Rule Making August 25, 2016. Comments due - October 24, 2016
Proposed Renewal Without Change; Comment Request; Imposition of Special Measure Against Commercial Bank of Syria, Including Its Subsidiary Syrian Lebanese Commercial Bank, as a Financial Institution of Primary Money Laundering Concern
Prepared Remarks of FinCEN Associate Director for Enforcement Thomas Ott, delivered at the National Title 31 Suspicious Activity & Risk Assessment Conference and Expo

Prepared Remarks of FinCEN Associate Director for Enforcement Thomas Ott

National Title 31 Suspicious Activity & Risk Assessment Conference and Expo

Las Vegas, Nevada

 

Introduction

Good morning. I would like to thank Mindy for the very kind…