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To assist depository institutions in completing the DOEP, FinCEN Form 110, FinCEN is providing the following guidance for items affected by this final rule. Depository institutions should disregard any references to biennial renewals that appear on the face of FinCEN Form 110 (specifically, Part…

FIN-2008-R009Issued: September 18, 2008Subject: Administrative Ruling on Whether a Company that Offers a Loan Acceleration Product for Consumer Financing is a Money Services BusinessDear [ ]:I am responding to your letter, dated September 11, 2007, to the Financial Crimes Enforcement Network ("…

Registration Renewal Deadline for Certain Money Services Businesses is December 31, 2008 Update to Notice (January 9, 2009) Please be advised that if you properly completed and mailed your registration form (revised August 2008 version) on or before December 31, 2008, you have fulfilled your…

VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) reported in its new study that the number of currency transaction reports filed by casinos (CTRCs) fell by more than a third after FinCEN reduced reporting requirements on certain categories of transactions that FinCEN had determined…

As the deadline noted above is approaching, it is critical that current magnetic media filers transition to the BSA E-Filing System as soon as possible. Any magnetic media submissions received after the December 31, 2008 deadline will be considered an indicator of non-compliance. CTR data on…

VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) announced today the release of a manual to provide guidance to officials examining money services businesses (MSBs) for compliance with the requirements of the Bank Secrecy Act (BSA). Several organizations collaborated on this manual…