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      Prepared Remarks Him Das Acting Director Financial Crimes Enforcement Network   American Bankers Association/American Bar Association Financial Crimes Enforcement Conference January 13, 2022     INTRODUCTION Thank you, Ryan, and thank you all for welcoming me. My name is Him…

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) today announced a Tech Sprint to develop solutions for financial institutions and regulators to help measure the effectiveness of digital identity proofing—the process used to collect…

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today released a Financial Threat Analysis on wildlife trafficking threat patterns and trend information identified in Bank Secrecy Act (BSA) data.  The report aims to further inform efforts to combat wildlife trafficking and the…

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed an $8 million civil money penalty on CommunityBank of Texas, N.A. (CBOT) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations. Specifically, CBOT admitted that it…