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|FOR IMMEDIATE RELEASE
March 22, 2006
William D. Langford, Jr. Departing the Financial Crimes Enforcement Network
William D. Langford, Jr., Associate Director for the Regulatory Policy and Programs Division, is leaving the Financial Crimes Enforcement Network at the end of April to pursue a career as Director of Global AML, Senior Vice President, at JPMorgan Chase & Co. in New York, FinCEN Director Robert W. Werner announced today.
"Many audiences throughout the country have come to know William as the face and voice of FinCEN, and he has tirelessly promoted the good work of this bureau," said Director Werner. "Serving here as Associate Director, Regulatory Policy and Programs Division, William brought boundless energy and rigorous intellect to that newly-created position and has set the standard for others to follow. It is not an exaggeration to say that his work has contributed much to the security of the United States."
In his position Mr. Langford oversaw the regulatory, compliance and enforcement functions for FinCEN. Most significantly, William created and led an outstanding team in the creation of the new Regulatory Policy and Programs Division. Under his direction, FinCEN strengthened its relationship with the federal and state banking agencies to ensure better coordination in the consistent application of and examination for compliance with the Bank Secrecy Act. Mr. Langford also worked tirelessly to implement the regulations mandated by the USA PATRIOT Act, a challenge he pursued with determination and dedication in the face of the increased number of industries now defined as financial institutions.
"It has been a privilege to serve with the dedicated people of the Financial Crimes Enforcement Network and the Treasury," said Langford. "I believe FinCEN has made great strides towards achieving its mission of safeguarding the financial system from the abuses of financial crime, and I am honored to have been a part of that mission."
Mr. Langford has long been devoted to addressing the problems of money laundering and terrorist financing, including service as Senior Advisor to the General Counsel of the Department of the Treasury and as Senior Counsel for Financial Crimes in the Office of the Assistant General Counsel for Enforcement, where he focused largely on the implementation of the anti-terrorism and anti-money laundering provisions of the USA PATRIOT Act.