Department of the Treasury's Financial Crimes Enforcement
Network (FinCEN) has begun publication of the FinCEN Advisory,
a periodical that advises financial institutions, regulatory
agencies and law enforcement agencies of trends and developments
related to money laundering and financial crime. The goal
of the FinCEN Advisory is to provide intelligence and analysis
for case support to federal, state, local and international
law enforcement and regulatory agencies, while also providing
the financial communities with the information they need to
help prevent and detect financial crime.
first two issues of the FinCEN Advisory are attached. As future
issues are published, the Federal Deposit Insurance Corporation
(FDIC) will forward them to FDIC-supervised banks in its continuing
effort to assist banks in Bank Secrecy Act compliance, anti-money
laundering efforts, and prevention and detection of other
circulate the attachments to each department of your institution
with Bank Secrecy Act compliance and internal security responsibilities.
Comments concerning the contents of the FinCEN publication
should be addressed to the Financial Crimes Enforcement Network,
Office of Communications, U.S. Department of the Treasury,
2070 Chain Bridge Road, Vienna, VA 22182. Comments also may
be faxed to FinCEN at (703) 905-3885.
J. Ketcha Jr.
attachment to this Financial Institution Letter is not currently
available in electronic format. Until it is in a form that
will allow us to post it to the internet, you may obtain hard
copy or fax from:
17th St. NW
Distribution: FDIC-Supervised Banks (Commercial and Savings)