FINCEN

FinCEN is a bureau of the U.S. Department of the Treasury that collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes. The organization 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; m... anages the collection, processing, storage, dissemination, and protection of data filed under FinCEN's reporting requirements; maintains a government-wide access service to FinCEN's data, and networks users with overlapping interests; supports law enforcement investigations and prosecutions; synthesizes data to recommend internal and external allocation of resources to areas of greatest financial crime risk; shares information and coordinates with foreign financial intelligence unit (FIU) counterparts on AML/CFT efforts; and conducts analysis to support policymakers; law enforcement, regulatory, and intelligence agencies; FIUs; and the financial industry. FinCEN was formed in April 1990 and is based in Vienna, Virginia.More