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	Financial Crimes Enforcement Network (FinCEN) (Site not responding. Last check: 2007-11-05)
		FinCEN's drug control budget is based on the support it will continue to provide to HIDTA, Interagency Crime and Drug Enforcement task forces, and in support of narcotics-related investigations by law enforcement agencies.
		FinCEN's approach is to build on common areas of interest when developing actions to significantly reduce its customers burdens without compromising the needs of law enforcement.
		FinCEN is increasing its efforts to identify nations that tolerate money laundering and undertaking steps to encourage and assist such countries in bringing their financial policies into conformity with international money laundering standards.
	www.ncjrs.org /htm/fcen.htm (965 words)

	GAO - Money Laundering: FinCEN Needs to Better Communicate Regulatory Priorities and
		FinCEN officials said that the proposed MSB regulations were given priority because FinCEN concluded that Treasury needed to pay more attention to updating the way the BSA applies to MSBs and to equalize the money laundering controls to which various types of financial institutions are subject.
		FinCEN also indicated that the federal banking regulatory agencies may be less inclined to assess BSA penalties and will instead use their present non-BSA authorities under the general examination powers granted to them (i.e., Title 12 of the U.S. Code).
		FinCEN's Office of Compliance and Regulatory Enforcement determines whether civil penalties should be assessed against individuals or financial institutions and their officers, employees, and individuals, and if so, the amount of the penalty.
	www.globalsecurity.org /security/library/report/gao/ggd98018.htm (10099 words)

	3-21-97, Statement of FinCEN (Site not responding. Last check: 2007-11-05)
		FinCEN's regulatory program is developed in close consultation with the public and private officials represented on the Bank Secrecy Act Advisory Group (BSAAG), which has proved extremely effective as a forum for a frank exchange of views and fostering of increased cooperation and understanding between law enforcement and the financial community.
		FinCEN has received worldwide recognition for its capabilities and accomplishments and we are frequently called upon to provide guidance and assistance in multilateral fora, as well as in individual government-to-government exchanges.
		FinCEN is helping the FATF design and maintain a Web Page that will serve not only as a clearinghouse for its members but will also serve as a source of information to interested parties around the globe.
	financialservices.house.gov /banking/32197fin.htm (7725 words)

	FDIC: FIL-24-2002: Anti-Money Laundering Measures
		FinCEN and the federal law enforcement agency seeking the information will determine the appropriate time period for the records search, depending on the circumstances of the underlying investigation, which will be communicated to financial institutions by FinCEN with the request.
		FinCEN believes this certification requirement establishes sufficient accountability in the requesting federal law enforcement agencies to ensure that such agencies use the authority of the rule in the manner contemplated by the statute.
		Treasury and FinCEN are acutely aware and are highly appreciative of the desire of financial institutions not to knowingly facilitate terrorism or money laundering, and recognize that this desire may at times be in tension with the need not to alert persons that have been identified in a request from FinCEN.
	www.fdic.gov /news/news/financial/2002/FIL0224b.html (5753 words)

	FinCEN Extends Exemption Comment Period
		FinCEN is looking for a way to identify that when and if it happens.
		First, FinCEN is proposing that the Bank include an explanation of its KYC procedures and tracking currency deposits to commercial accounts.
		Second, FinCEN proposes to require an annual renewal of exempt status at which time the bank would certify that there had been no transactions during the previous year that would have required the bank to fill a SAR.
	www.bankersonline.com /articles/v02n15/v02n15a4.html (471 words)

	FinCEN
		And FinCen is the repository for "Suspicious Activity Reports" which must be filed by financial institutions under the Bank Secrecy Act.
		FinCEN also uses a variety of law enforcement databases, including those operated by the Drug Enforcement Agency and the Defense Department, in addition to commercial databases of public records.
		FinCEN is also a superlative example of a government database system that can be used to investigate people instead of crimes.
	www.privacilla.org /government/fincen.html (361 words)

	1.06: Big Brother Wants to Look in your Bank Account
		FinCEN was his crowning achievement, and he took pride in directing visitors to FinCEN's computer command center as he touted the agency's successes.
		Inside FinCEN's new digs on the second floor of a gleaming high-rise office building down the road from the CIA in Vienna, Virginia (otherwise known as "Spook City"), the talents of the IRS, FBI, DEA, Secret Service, and other traditional federal cops such as customs agents and postal inspectors are pooled.
		FinCEN's mission requires the involvement of the intelligence community, particularly in tracking the financial dealings of terrorists and in conducting financial counterintelligence, although few are willing to discuss the trend openly.
	www.wired.com /wired/archive/1.06/big.brother_pr.html (3584 words)

	Government Executive Magazine - 10/1/00 Following the Money
		FinCEN’s electronic arsenal also includes a variety of law enforcement databases, such as those operated by the Drug Enforcement Agency and the Defense Department as well as numerous commercial databases containing public records on everything from property transactions to professional licenses to corporate filings.
		FinCEN collaborations with the CIA are infrequent and typically occur at “arms length,” according to a former FinCEN official.
		FinCEN’s impact on money laundering has been hard to gauge, in part because no one knows for sure how big the problem is. The International Monetary Fund estimates that about $600 billion is laundered each year globally.
	www.govexec.com /features/1000/1000s5.htm (3002 words)

	GAO - Money Laundering: FinCEN's Law Enforcement Support, Regulatory, and International Roles
		FinCEN did not meet any of the three statutory deadlines imposed by the 1994 act, and final regulations for several provisions of the act are still pending.
		FinCEN's role in addressing these referrals is to evaluate the circumstances of each referral and take one of three courses of action: (1) close the case without contacting the subject of the referral, (2) issue a letter of warning to the subject institution or individual, or (3) assess a civil monetary penalty.
		FinCEN hopes to counter this challenge by developing and fostering multilateral and bilateral initiatives aimed at reducing the number of countries that are not cooperatively engaged in the fight against money laundering.
	www.fas.org /irp/gao/ggd-98-083.htm (4952 words)

	treasury on global cooperation against financial crimes 062300 (Site not responding. Last check: 2007-11-05)
		FinCEN's Platform program was designed to permit other federal law enforcement agencies to use FinCEN resources directly to carryout their own case work.
		FinCEN works to engage, encourage, and support our international partners in taking the necessary steps to combat money laundering and other financial crimes, and establish mechanisms for the exchange of information and cooperation to support ongoing law enforcement efforts.
		FinCEN is currently in the process of identifying a private firm capable of delivering a useful estimate.
	www.useu.be /ISSUES/treas0623.html (2643 words)

	FinCEN ramps up
		FinCEN now is preparing to ramp up IT systems for better data collection, data mining and analysis to help disrupt the flow of funds to terrorists.
		FinCEN wants to convert the 1,500 top-volume filers to e-filing over the next 10 years, which would mean that 90 percent of all the forms would be electronic, said Robert Werner, FinCEN’s chief of staff.
		FinCEN distributes the data to the FBI and the Terrorist Threat Integration Center, which compile it for use by several agencies in uncovering terrorist financing.
	www.gcn.com /23_12/news/25997-1.html (647 words)

	FRB: Supervisory Letter SR 02-6 on information sharing pursuant to Section 314(b) of the USA Patriot Act -- March 14, ...
		FinCEN is encouraging banks and other financial institutions to file the certification form electronically by accessing the FinCEN website at www.treas.gov/fincen.
		FinCEN's rule requires that all financial institutions sharing information under section 314(b) of the USA Patriot Act have procedures in place to protect the security and confidentiality of shared information and to ensure that the information is used only for authorized purposes.
		Section 314(b) of the USA Patriot Act and FinCEN’s rule apply to "financial institutions" as well as to "associations of financial institutions," a term that is not defined in the law or in the new rule.
	www.federalreserve.gov /boarddocs/SRLETTERS/2002/sr0206.htm (688 words)

	Dealer Requirements Under the USA Patriot Act (Site not responding. Last check: 2007-11-05)
		The Financial Crimes Enforcement Network (FinCEN) has issued a final rule that requires automobile dealers and other financial institutions to respond to requests for information from FinCEN on behalf of federal law enforcement agencies that are investigating money laundering or terrorist activity.
		FinCEN, a bureau within the Department of the Treasury, issued the regulation to implement the USA PATRIOT Act, a post-9/11 law designed to strengthen law enforcement’s ability to investigate and penalize money laundering and disrupt terrorist financial networks.
		If requested by FinCEN, a dealer must expeditiously search its records to determine whether the dealer has maintained (or currently maintains) an account for or has engaged in a transaction with any individual, entity or organization identified by FinCEN.
	www.michiganautodealer.com /Patriot.html (707 words)

	GAO - Money Laundering: FinCEN Needs to Better Communicate Regulatory Priorities and Time Lines (Letter Report, ...
		FinCEN published its annual regulatory priorities each fiscal year since 1995.
		Thus, FinCEN followed a regulation-development process that emphasized quality over timeliness.
		FinCEN officials also told us that developing quality regulations takes time.
	www.fas.org /irp/gao/ggd98018.htm (10095 words)

	Money Laundering: FinCEN Needs to Better Manage Bank Secrecy Act Civil Penalty Cases
		According to FinCEN data for 1985 through 1991, the average processing time to close a case was 1.77 years, and the most lengthy time was 6.44 years.
		FinCEN has issued neither a notice of proposed rulemaking nor a final regulation to delegate civil penalty assessment authority to the banking regulatory agencies.
		FinCEN's current strategic plan indicates that such delegation may not occur before 2002, making FinCEN responsible for processing civil penalty referrals for several more years.
	www.druglibrary.org /schaffer/govpubs/gao/gg98108.htm (273 words)

	Financial Crimes Enforcement Network - FinCEN (Site not responding. Last check: 2007-11-05)
		FinCEN operates domestically and internationally, and it consists of three major players: law-enforcement agencies, the regulatory community and the financial-services community.
		By researching mandatory disclosures imposed on financial institutions, FinCEN tracks suspicious persons, their assets and their activities to make sure that money laundering is not occurring.
		FinCEN tracks everything from very complicated electronically based transactions to simple smuggling operations that involve cash.
	www.investopedia.com /terms/f/fincen.asp (225 words)

	FinCEN Promises New Guidance on MSBs
		FinCEN is already developing a unified set of examination procedures, including a section devoted to MSBs, he announced.
		FinCEN also started joint examiner training that will provide a forum to provide training on MSBs, he commented.
		FinCEN will also monitor Bank Secrecy Act requirements and modify them if necessary, added Langford, and is working with the IRS to redraft examination manuals and improve information sharing and examination targeting.
	www.complianceheadquarters.com /AML/AML_Articles/3_14_05.html (470 words)

	FinCEN seeks terrorists' money links
		FinCEN will test the system with financial institutions and 28 agencies, including the Customs Service, Drug Enforcement Administration, FBI and IRS.
		FinCEN will issue public-key infrastructure certificates to PACS users through the General Services Administration’s Access Certificates for Electronic Services program.
		Financial reports filed with FinCEN are stored on the Suspicious Activity Reporting System, which was built in 1996 and runs on an IBM Corp. mainframe at the IRS Detroit Computing Center.
	www.gcn.com /21_15/news/18923-1.html (541 words)

	FinCEN plans to modernize Bank Secrecy Act database
		FinCEN analysts will then be able to focus more on analyzing data tracking terrorist financing instead of on data retrieval, he said.
		The agency is evaluating proposals submitted as a result of its RFP and plans to award a contract in the summer.
		Later this year, FinCEN officials plan to start a detailed user requirement study to ensure the system’s success.
	www.gcn.com /vol1_no1/daily-updates/25782-1.html (369 words)

	BSA Forms
		FinCEN is releasing the technical standards for the Suspicious Activity Report by Money Services Business form to be used by MSBs filing by means of magnetic media.
		FinCEN is releasing the latest version of the technical standards for both the Currency Transaction Report and the Designation of Exempt Person form to be used by financial institutions filing by means of magnetic media.
		FinCEN is releasing the technical standards for the Currency Transaction Report by Casinos form to be used by casinos filing by means of magnetic media.
	www.fincen.gov /reg_bsaforms.html (2161 words)

	FinCen
		FinCEN’s “Campaign Against Financial Crimes” was created to inform check cashers and MSBs about requirements under the new federal law and provide educational resources to assist with compliance.
		FinCEN Director James Sloan has praised FiSCA and its members for cooperation and compliance with the U.S. PATRIOT Act.
		According to the regulations, suspicious activity is defined as any financial transaction involving funds from an illegal activity, appearing to be an attempt to evade the new federal law, or seeming to have no business or other lawful purpose.
	www.fisca.org /pr48.htm (576 words)

	SCAM ALERT - FINCEN (Site not responding. Last check: 2007-11-05)
		Copies of these ANTI-TERRORIST letters have been received by FinCEN that notify consumers that mandatory fees, in amounts of approximately $25,000, are required for the issuance of a ANTI-TERRORIST CERTIFICATE before transactions may continue to be conducted.
		Further, there are instances in which other letters are being circulated which claim that FinCEN is freezing assets and endorsing investment schemes.
		FinCEN is working closely with law enforcement agencies to identify the source of these letters and disrupt these scams.
	www.suncoastfcu.org /promo/FinCENScams.html (760 words)

	[No title]
		FinCEN compiled its 314(a) e-mail distribution list from POC information contained in your institution's FFIEC Report of Condition and Income (call report).
		The purpose of this alert is to inform national banks and federal branches that FinCEN plans to introduce a new, Web-based section 314(a) delivery and reporting system during the month of February that should be fully operational by March 1, 2005.
		FinCEN is currently in the process of testing this Web-based system through a pilot program.
	www.occ.treas.gov /ftp/alert/2005-2.txt (744 words)

	U.S. Coast Guard Finance Center Auxiliary Information
		The FINCEN is attempting to comply with the performance goals set by the President's Management Agenda and that means hitting at least the 98% mark on EFT payments for vendors, travelers, and auxiliarists.
		It is our goal to eliminate check payments in all cases possible and to that end we're asking all individuals and vendors that receive payments through the CG Finance Center to be set up for direct deposits by 1 October 2005.
		FINCEN currently has numerous initiatives underway which will improve the Auxiliary Claims process.
	www.fincen.uscg.mil /aux_info.htm (247 words)

	FinCEN Issues Final Rule On Exemptions
		The Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) gave us a final rule in September that represents the second part of the effort to significantly reduce the number of times depository institutions must report large currency transactions.
		Like an earlier rule aimed at larger bank customers, this rule further simplifies the way banks can exempt large currency transactions by retail and other businesses from the reporting requirements.
		FinCEN anticipates that the implementation of the procedures in the two exemption regulations could lead to decreasing the CTR filings by more than 30% - which would mean about 4 million fewer forms to be completed by our people.
	www.bankersonline.com /articles/bhv08n10/bhv08n10a1.html (524 words)

	FDIC: FIL-96-2001: Suspicious Activity Reports/Department of the Treasury's FinCEN Publication, The SAR Activity Review (Site not responding. Last check: 2007-11-05)
		It contains Suspicious Activity Report (SAR) statistics; patterns and trends of suspicious activity that have been reported; tips and guidance for financial institutions on form preparation and filing; and information about investigative activity in which SAR information played an important role in a successful investigation and/or prosecution of criminal financial activity.
		The SAR Activity Review also may be found on FinCEN's Web site at www.fincen.gov/.
		Comments may also be faxed to FinCEN at (703) 905-3698.
	www.fdic.gov /news/news/financial/2001/fil0196.html (364 words)

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