fincen Sentence Examples
- FinCEN has the authority to impose civil penalties on financial institutions that fail to comply with the BSA.
- FinCEN is responsible for administering the Bank Secrecy Act (BSA).
- FinCEN issued guidance on how banks should comply with the BSA's customer identification program (CIP) requirements.
- FinCEN has released a new set of regulations intended to crack down on money laundering.
- FinCEN issued an advisory warning financial institutions about the risks of ransomware attacks.
- FinCEN has proposed new regulations that would require banks to collect more information about their customers.
- FinCEN is working with other law enforcement agencies to combat the financing of terrorism.
- FinCEN has been criticized for not doing enough to prevent money laundering and other financial crimes.
- FinCEN is a key component of the United States' efforts to combat financial crime.
- FinCEN is headquartered in Washington, D.C.
fincen Meaning
Wordnet
fincen (n)
a law enforcement agency of the Treasury Department responsible for establishing and implementing policies to detect money laundering
Synonyms & Antonyms of fincen
No Synonyms and anytonyms found
FAQs About the word fincen
a law enforcement agency of the Treasury Department responsible for establishing and implementing policies to detect money laundering
No synonyms found.
No antonyms found.
FinCEN has the authority to impose civil penalties on financial institutions that fail to comply with the BSA.
FinCEN is responsible for administering the Bank Secrecy Act (BSA).
FinCEN issued guidance on how banks should comply with the BSA's customer identification program (CIP) requirements.
FinCEN has released a new set of regulations intended to crack down on money laundering.
