Kenneth A. Blanco, Director of the Financial Crimes Enforcement Network (FinCEN), spoke at the American Bankers Association/American Bar Association (ABA/ABA) Financial Crimes Enforcement Conference on December 10, 2019. He addressed how FinCEN uses Bank Secrecy Act (BSA) data, particularly as it relates to filings involving convertible virtual currency; the status of FinCEN’s BSA Value Project; the importance of beneficial ownership information; FinCEN’s ongoing federal banking agency working group efforts; and some significant organizational changes within FinCEN.
Matthew Stiglitz, Associate Director of FinCEN’s new Global Investigations Division, participated in a fireside chat.
Director Blanco’s Prepared Remarks: https://www.fincen.gov/news/speeches/prepared-remarks-fincen-director-kenneth-blanco-delivered-american-bankers
[FinCEN Director Kenneth A. Blanco speaks at the ABA/ABA Financial Crimes Enforcement Conference on December 10, 2019. Photo courtesy of the American Bankers Association and the ABA/ABA Financial Crimes Enforcement Conference.]
[Matthew Stiglitz, Associate Director of FinCEN’s Global Investigations Division, speaks during a fireside chat at the ABA/ABA Financial Crimes Enforcement Conference on December 10, 2019. Photo courtesy of the American Bankers Association and the ABA/ABA Financial Crimes Enforcement Conference.]