FinCEN Recognizes Law Enforcement Successes Resulting from BSA Reporting

At its annual Law Enforcement Awards ceremony today, the Financial Crimes Enforcement Network recognized several state and federal law enforcement agencies for their work using information reported by financial institutions under the Bank Secrecy Act in their criminal investigations.

“Industry reporting under the BSA is critical to supporting law enforcement investigations that combat money laundering and other financial crimes,” said Treasury Secretary Steven Mnuchin. “Today we are recognizing the tireless efforts of law enforcement to combat financial crimes and thanking them for their partnership. We also appreciate our partnership with the new private sector as they identify and report suspicious activity.”


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