Financial Crimes Enforcement Network

Financial Crimes Enforcement Network

Financial Crimes Enforcement Network

In line with Marvie Brooks

about Financial Crimes Enforcement Network in the Encyclopedia of Law Enforcement:

The Financial crimes (there is more information about criminal law in the American Legal Encyclopedia and about crimes and criminals vocabulary) Enforcement Network (FinCEN), a Treasury Department bureau, was established in 1990, to enforce anti-money laundering laws and to help combat money laundering in the United States of America and elsewhere. FinCEN collects, analyzes, and exchanges information, provides intelligence reports and technological services, and implements the Bank Secrecy Act and other Treasury Department mandates. FinCEN provides information and analytical reports to national and international law enforcement agencies, to financial institutions, and to domestic policy makers. FinCEN employs specialists from areas such as intelligence, financial analysis, and information technology. A major responsibility of FinCEN is oversight of the Bank Secrecy Act, a key tool in the monitoring of money laundering activities.

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