asked 81.1k views
5 votes
What is the financial crimes enforcement network ?

1 Answer

4 votes
The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury that collects and analyzes information about financial transactions in order to combat money laundering, terrorism financing, and other financial crimes. FinCEN has the authority to issue subpoenas and civil penalties, monitor suspicious activities, and share intelligence with other government agencies.
answered
User ChrisBenyamin
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.