News

An updated version of the Discrete (online) Report of Foreign Bank and Financial Accounts (FBAR), FinCEN 114, is now available on the BSA E-Filing System. This version now provides the ability to select or enter a late filing reason and…

VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) today announced the assessment of a $4.1 million civil money penalty against Saddle River Valley Bank in Saddle River, New Jersey. FinCEN has determined that the…

WASHINGTON, DC – The Financial Crimes Enforcement Network (FinCEN) today announced the assessment of a $37.5 million civil money penalty against TD Bank, N.A. for failure to file suspicious activity reports related to the…

The Financial Crimes Enforcement Network (FinCEN) will hold an Informational Webinar on Thursday, September 19, 2013, to discuss technical specifications related to the electronic filing of the Report of Foreign Bank and Financial Accounts (FBAR).

The Webinar will provide participants with…

VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) today released an analysis of Mortgage Fraud SAR Filings in Calendar Year 2012. FinCEN’s data on suspected mortgage fraud shows that reports declined 25…

Responding to the needs of many filers who submit Reports of Foreign Bank and Financial Accounts (FBARs) jointly with spouses, or wish to submit them via third-party preparers, the Financial Crimes Enforcement Network (FinCEN) today introduced…

VIENNA, Va. – In an effort to provide law enforcement authorities with needed information, while also considering operational practicality for both financial institutions and their customers, the Financial Crimes Enforcement Network (FinCEN) today issued the following exceptive administrative…

VIENNA, Va. – Jennifer Shasky Calvery, Director of the Financial Crimes Enforcement Network (FinCEN), announced that FinCEN’s reorganization will be implemented as of today.

“Since becoming FinCEN’s Director, my priority has been getting the best we can from our data, our unique…

VIENNA, Va. - To provide clarity and regulatory certainty for businesses and individuals engaged in an expanding field of financial activity, the Financial Crimes Enforcement Network (FinCEN) today issued the following guidance,…

On February 23, 2012, the Financial Crimes Enforcement Network (FinCEN) issued a Final Notice requiring the electronic filing of most Bank Secrecy Act (BSA) reports by July 1, 2012.¹ Specifically, this action mandates the electronic submission of Suspicious Activity Reports (SARs),…

On January 23, 2013, the Financial Crimes Enforcement Network in coordination with the Federal Bureau of Investigation held an Informational Webinar on Health Care Fraud. The recorded version of this Webinar is now available for viewing by selecting the following link:

Recognizing the need for further study of related questions and concerns, FinCEN today issued Notice 2012-2 which further extends the Report of Foreign Bank and Financial Accounts (FBAR) filing deadline for…