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Good afternoon. A year ago, I addressed the 2007 ABA/ABA Money Laundering Enforcement Conference for the first time as the Director of the Financial Crimes Enforcement Network.1I discussed a series of initiatives undertaken by FinCEN as part of the Department of the Treasury’s effort to achieve…

Good morning. It is a pleasure to join you all today for the Mexico Bankers Association’s 10th Anti-Money Laundering and Financing Terrorism International Seminar. It is an honor to be back in Mexico following my visit in February of this year when the Financial Crimes Enforcement Network (FinCEN)…

Introduction It’s a pleasure to be here today with the Florida Bankers Association. When I last spoke in Florida earlier this year, I devoted my remarks entirely to the importance to FinCEN, as part of carrying out its mission of providing feedback to the financial industry, of the many ways…

The Financial Crimes Enforcement Network ("FinCEN") is issuing this interpretive guidance to clarify whether a person who conducts transactions in currency or other commodities is a money services business for purposes of complying with the Bank Secrecy Act and its implementing regulations.…

Effective September 1, 2008, a Money Services Business is required to use the revised FinCEN Form 107, Registration of Money Services Business (RMSB) to register its business. FinCEN announced in April 2008 that it was revising the RMSB Form 107. This change is required to incorporate the five (5)…

Effective September 1, 2008, casinos and card clubs are required to file Currency Transaction Reports using a revised form. FinCEN announced in April that it was revising FinCEN Form 103, the Currency Transaction Report for Casinos and Card Clubs (CTR-C). This revision incorporates regulatory…

Dear Colleague:The United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has commissioned the CFI Group, an independent research organization, to conduct a survey to assess the value of our products: The SAR Activity Review-Trends, Tips & Issues and The SAR…

This guidance is intended to assist casinos and card clubs1 with the reporting of suspected money laundering, terrorist financing and related financial crimes. This guidance contains examples of circumstances or "red flags" - based on actual reports, the observations of examiners and the experience…

VIENNA, Va. - In keeping with its efforts to make Bank Secrecy Act (BSA) filing requirements more secure, efficient, and effective, the Financial Crimes Enforcement Network (FinCEN) today announced its intention to retire the BSA Magnetic Media Filing Program. Current Magnetic Media filers must…