FinCEN.gov: United States, department of the Treasury Financial
These reports help them build investigations and plan new strategies to combat money laundering. FinCEN received duties and responsibilities from Congress to serve as a central collection hub, provide analysis, and disseminate data to support the financial industry as well as government partners at local through international levels.
FinCEN - Treasury Department
The basic concept underlying FinCEN's core activities is "follow the money." The primary motive of criminals is financial gain, and they leave financial trails as they try to launder the proceeds of crimes or attempt to spend their ill-gotten profits. This recordkeeping preserves a financial trail for investigators to follow as they track criminals and their assets.
FinCEN, compliance - Federal Regulations CSI
As one of the world's leading FIUs, FinCEN exchanges financial information with FIU counterparts around the world in support.S. The BSA is the nation's first and most comprehensive Federal anti-money laundering and counter-terrorism financing (AML/CFT) statute.
Financial Crimes Enforcement Network
Its original mission was to provide a government-wide, multi-source intelligence and analytical network to support the detection, investigation, and prosecution of domestic and international money laundering and other financial crimes. This is accomplished in two ways.
Financial Crimes Enforcement Network (
To fulfill its responsibilities toward the detection and deterrence of financial crime, FinCEN: Issues and interprets regulations authorized by statute; Supports and enforces compliance with those regulations; Supports, coordinates, and analyzes data regarding compliance examination functions delegated to other Federal regulators; Manages the collection, processing. The Act also requires reporting suspicious currency transactions which could trigger investigations. The Financial Crimes Enforcement Network (FinCEN) is government bureau that maintains a network whose goal it is to prevent and punish criminals and criminal networks that participate in money laundering and other financial crimes. The information and services of FinCEN are used to support law enforcement investigations into and the prosecution of financial crimes. Access to FinCENs data is maintained for government use.