FinCEN Initiatives

The Financial Crimes Enforcement Network (FinCEN) has engaged in a variety of initiatives to ensure that its mission is carried out efficiently and effectively. In addition to collecting, analyzing, securing, and disseminating FinCEN data to its law enforcement and regulatory partners, FinCEN itself is a financial institution regulator. FinCEN has the challenging but important task of writing and coordinating the enforcement of anti-money laundering rules for more than 100,000 banks, credit unions, money services businesses (MSBs), insurance companies, securities brokers, casinos, mutual funds, precious metal dealers, and other financial institutions that face the risk of being used by criminals to support enterprises ranging from drug cartels, mortgage fraud rings, terrorist finance networks, and much more. In furtherance of its mission, FinCEN has initiated several initiatives over the years.