The Financial Crimes Enforcement Network (FinCEN) today issued the first government-wide priorities for anti-money laundering and countering the financing of terrorism (AML/CFT) policy (the "Priorities"), following consultation with other relevant Department of the Treasury offices, as well as Federal and State regulators, law enforcement, and national security agencies. The Priorities identify and describe the most significant AML/CFT threats currently facing the United States. FinCEN today also issued two statements, in coordination with other regulators, to provide guidance to certain covered financial institutions on the applicability of the Priorities at this time, before regulations are promulgated.
Today's publication of the Priorities, and accompanying AML/CFT Priorities Statements, are issued pursuant to the Anti-Money Laundering Act of 2020 and are intended to assist covered institutions in their AML/CFT efforts and enable those institutions to prioritize the use of their compliance resources.
News Release: https://www.fincen.gov/news/news-releases/fincen-issues-first-national-amlcft-priorities-and-accompanying-statements
The Priorities: https://www.fincen.gov/sites/default/files/shared/AML_CFT%20Priorities%20(June%2030%2C%202021).pdf
Statement for Banks: https://www.fincen.gov/sites/default/files/shared/Statement%20for%20Banks%20(June%2030%2C%202021).pdf
Statement for Non-Bank Financial Institutions: https://www.fincen.gov/sites/default/files/shared/Statement%20for%20Non-Bank%20Financial%20Institutions%20(June%2030%2C%202021).pdf
Additional information on FinCEN's ongoing efforts related to the Anti-Money Laundering Act of 2020 can be found at a dedicated page on FinCEN's website: https://www.fincen.gov/anti-money-laundering-act-2020
| This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: FinCEN Updates · PO Box 39 · Vienna, VA 22183 · 703-905-3591 |  |
No comments:
Post a Comment