Newsroom

The Financial Crimes Enforcement Network (FinCEN) has issued Frequently Asked Questions (FAQs) regarding the reporting of cyber-events, cyber-enabled crime, and cyber-related information through Suspicious Activity Reports (SARs).  

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to financial institutions on cyber-events and cyber-enabled crime. Cybercriminals target the financial system to defraud financial institutions and their customers and to further other illegal activities. Financial…

The Financial Crimes Enforcement Network (FinCEN) announced today that it is providing exceptive relief under 31 U.S.C. § 5318(a)(7) and 31 C.F.R. § 1010.970 to U.S. financial institutions covered by 31 C.F.R. § 1010.651 (FinCEN’s rule imposing special measures against Burma under Section 311…

Two years ago, FinCEN issued an Advisory to U.S. Financial Institutions on Promoting a Culture of Compliance. Many financial institutions have taken positive steps to improve their compliance culture, but there is more to be done. Acting Director Jamal El-Hindi discusses recent enforcement…

WASHINGTON, DC – FinCEN today assessed a civil money penalty of $12 million against CG Technology, L.P., doing business as Cantor Gaming, for egregious and systemic violations of the anti-money laundering (AML) provisions of the Bank Secrecy Act (BSA).  FinCEN’s analysis of reports filed under…

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to help financial institutions guard against a growing number of e-mail fraud schemes in which criminals misappropriate funds by deceiving financial institutions and their customers into conducting wire transfers. …