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Dear [ ]: This letter responds to your request for an administrative ruling with respect towhether your client, [ ], is required to register with FinCEN as a Money ServicesBusiness (“MSB”) pursuant to 31 C.F.R. § 103.41. Pursuant to 31 CFR § 103.82,FinCEN declined to provide [ ] with such a ruling…

The seventh issue of The SAR Activity Review – Trends, Tips & Issues, released today by the Financial Crimes Enforcement Network (FinCEN), provides analysis on the suspected use of United States-based shell corporations and foreign shell banks by some Eastern European criminals to move money…

FinCEN has updated the Magnetic Media Filing Specifications "ZIP Code Validation List" for the Mag Specs for the four SAR forms, the CTR and CTR-C. The updated files are available on the FinCEN website at www.fincen.gov/resources/filing-information. Click on the specific form needed. The changes…

The Financial Crimes Enforcement Network (FinCEN) announced today that it has reinstated information sharing with its Mexican financial intelligence unit counterpart, the Unidad de Inteligencia Financiera (UIF), following the suspension FinCEN imposed on April 21, 2004. That suspension resulted…

Dear [ ]: This letter responds to your letter dated April 19, 2004, to FinCEN’s Office of Regulatory Policy, Programs and Enforcement, in which you request guidance on the proper completion of FinCEN Form 104. Financial institutions other than casinos complete FinCEN Form 104 when reporting…

The Financial Crimes Enforcement Network (FinCEN) announced today that it has awarded a contract to EDS, a global information technology services company, for the design, development, implementation, web hosting and support services of a dynamic new information storage and delivery system called “…

It is the longstanding policy of the United States Department of the Treasury that persons residing or working in the United States should have access to U.S. banking services. This policy certainly encompasses the embassies and interests sections of foreign governments and their staffs. It is also…

It is the longstanding policy of the United States Department of the Treasury that persons residing or working in the United States should have access to U.S. banking services. This policy certainly encompasses the embassies and interests sections of foreign governments and their staffs.It is also…

Chairwoman Kelly, Congressman Gutierrez, and members of the Subcommittee, thank you for this opportunity to appear before you today to discuss the mission of the Financial Crimes Enforcement Network (FinCEN) and the important role it plays in the Department of the Treasury and the United States…