Financial Crimes Enforcement Network

E570

U.S. federal government bureau financial intelligence unit

The Financial Crimes Enforcement Network (FinCEN) is a U.S. government bureau that collects and analyzes financial transaction data to combat money laundering, terrorist financing, and other financial crimes.

Aliases (2)

FinCEN ×5
FinCEN Query ×1

Statements (50)

Predicate	Object
instanceOf	U.S. federal government bureau → financial intelligence unit →
abbreviation	FinCEN →
appliesRegulatoryFramework	Bank Secrecy Act regulations →
collectsFrom	banks → broker-dealers in securities → casinos → credit unions → money services businesses → other covered financial institutions →
collectsReportType	Currency Transaction Reports → Foreign Bank and Financial Accounts Reports → Suspicious Activity Reports →
cooperatesWith	Drug Enforcement Administration → Federal Bureau of Investigation → Internal Revenue Service Criminal Investigation → Office of Foreign Assets Control → foreign financial intelligence units → state and local law enforcement agencies →
country	United States of America →
function	administer Bank Secrecy Act → analyze financial transaction data → collect financial transaction data → coordinate with financial regulators → disseminate financial intelligence → issue anti-money laundering regulations → support law enforcement investigations → support national security agencies →
headquartersLocation	Vienna, Virginia → Washington metropolitan area →
inception	1990 →
issues	advisories to financial institutions → civil monetary penalties for BSA violations → guidance on suspicious activity monitoring →
jurisdiction	federal government of the United States →
legalBasis	Anti-Money Laundering Act of 2020 → Bank Secrecy Act → USA PATRIOT Act →
locatedInTimeZone	Eastern Time Zone →
maintainsSystem	BSA E-Filing System → FinCEN Query →
mandate	combat money laundering → combat other financial crimes → combat terrorist financing →
memberOf	Egmont Group of Financial Intelligence Units →
oversightOf	Bank Secrecy Act compliance by financial institutions →
parentAgency	United States Department of the Treasury →
partOf	U.S. anti-money laundering regime →
supervisesArea	anti-money laundering compliance in the U.S. financial system →
website	https://www.fincen.gov →

Referenced by (28)

Subject (surface form when different)	Predicate
Bank Secrecy Act → Bank Secrecy Act ("FinCEN") → Bank Secrecy Act → Corporate Transparency Act → Foreign Bank and Financial Accounts Reports →	enforcedBy
Secretary of the Treasury → United States Department of the Treasury → United States Department of the Treasury →	oversees
Bank Secrecy Act → Title 31 of the Code of Federal Regulations →	administeredBy
AMLA 2020 → Public Law 116-283, Division F →	designatesAgency
BSA E-Filing System → BSA E-Filing System ("FinCEN") →	operatedBy
Foreign Bank and Financial Accounts Reports → Foreign Bank and Financial Accounts Reports ("FinCEN") →	regulatedBy
Financial Crimes Enforcement Network ("FinCEN") →	abbreviation
Money Laundering and Asset Recovery Section →	collaboratesWith
IRS Criminal Investigation →	coordinatesWith
BSA E-Filing System ("FinCEN") →	dataRecipient
Anti-Money Laundering Act of 2020 →	designatesAdministratorOfBeneficialOwnershipRegistry
Anti-Money Laundering Act of 2020 →	expandsAuthorityOf
AMLA 2020 →	expandsPowersOf
Office of Terrorism and Financial Intelligence →	hasPart
Financial Crimes Enforcement Network ("FinCEN Query") →	maintainsSystem
U.S. Department of the Treasury national AML and CFT priorities →	relatedTo
Public Law 116-283, Division F →	strengthensAuthorityOf
Office of the General Counsel (U.S. Department of the Treasury) →	worksWith