Each depositor insured to at least $250,000 per insured bank



Home > News & Events > Financial Institution Letters




Financial Institution Letters

Bank Secrecy Act
U.S. Money Laundering Threat Assessment
FIL-8-2006
February 1, 2006


Summary: The Department of the Treasury has released the 2005 U.S. Money Laundering Threat Assessment, which is designed to help policymakers, regulators and the law enforcement community better understand money laundering in the United States and to support efforts to combat it.

Highlights:
  • On January 12, 2006, the Department of the Treasury released the 2005 U.S. Money Laundering Threat Assessment. This report is the product of an interagency working group composed of experts from various U.S. government agencies, bureaus and offices that study and combat money laundering.
  • The Money Laundering Threat Assessment is designed to help policymakers, regulators and the law enforcement community better understand the landscape of money laundering in the United States and to support strategic planning efforts to combat money laundering.
  • The complete Money Laundering Threat Assessment can be found on the following Department of the Treasury Web site: http://www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf 4052k (PDF Help)
  • Please distribute this information to the appropriate personnel in your institution.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Related Topics:
Bank Secrecy Act

Attachment:
None

Contact:
Review Examiner Debra L. Novak at SASFIL@FDIC.gov or (202) 898-3673

Printable Format:
FIL-8-2006 - PDF 40k (PDF Help)

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2006/index.html

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center (1-877-275-3342 or 703-562-2200).


Last Updated 02/01/2006 communications@fdic.gov