FinCEN administers a whistleblower program that offers incentives and protections to encourage individuals to provide information about violations or conspiracies to commit violations of the following statutes and their implementing regulations:
- Bank Secrecy Act (BSA);
- International Emergency Economic Powers Act (IEEPA);
- Trading With the Enemy Act (TWEA); or
- Foreign Narcotics Kingpin Designation Act (Kingpin Act).
Individuals who voluntarily provide information about such violations or conspiracies to commit violations may be eligible for awards if the information they provide leads to a successful enforcement action by the Department of the Treasury (Treasury) or the Department of Justice (DOJ) that results in monetary penalties exceeding $1,000,000, and the requirements in 31 U.S.C. § 5323 and its implementing regulation are otherwise met. A copy of the statute is available here.
FinCEN is committed to protecting whistleblower confidentiality in accordance with 31 U.S.C. § 5323.
Treasury and DOJ Offices
FinCEN shares the information it receives with the offices at the Departments of the Treasury and Justice that enforce the BSA, IEEPA, TWEA, and the Kingpin Act, including:
- The Department of the Treasury’s Office of Foreign Asset Controls;
- The Department of Justice’s Money Laundering, Narcotics and Forfeiture Section;
- The Department of Justice’s Foreign Investment Review Section; and
- The Department of Justice’s Counterintelligence and Export Control Section.
Awards
FinCEN plans to publish a regulation to fully implement 31 U.S.C. § 5323, as amended by the Anti-Money Laundering Act of 2020 and the Anti-Money Laundering Whistleblower Improvement Act, 2022. Once that regulation is finalized, FinCEN will begin processing and paying awards.