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| TO: |
CHIEF EXECUTIVE OFFICER |
| SUBJECT: |
FinCEN Advisory
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Attached is a copy of the Department of the Treasury's November 1997
issue of FinCEN Advisory, published by the department's Financial
Crimes Enforcement Network (FinCEN).
FinCEN Advisory is designed to keep financial institutions, regulatory
agencies and law enforcement agencies advised of trends and
developments related to money laundering and financial crime. The
periodical provides intelligence and analysis for case support to
federal, state, local and international law enforcement and regulatory
agencies, while furnishing financial communities with the information
they need to help prevent and detect financial crime.
In a continuing effort to assist banks in Bank Secrecy Act compliance,
anti-money laundering efforts, and prevention and detection of other
financial crimes, the Federal Deposit Insurance Corporation (FDIC)
forwards each issue of FinCEN Advisory to FDIC-supervised banks.
Please circulate copies to each department of your institution with
Bank Secrecy Act compliance and internal security responsibilities.
Comments about FinCEN Advisory should be addressed to the Financial
Crimes Enforcement Network, Office of Communications, U.S. Department
of the Treasury, 2070 Chain Bridge Road, Vienna, VA 22182. Comments
may also be faxed to FinCEN at (703) 905-3885.
|
Nicholas J. Ketcha Jr. |
|
Director |
Attachment: http://www.fincen.gov
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC financial institution letters may be
obtained through the FDIC=s Public Information Center, 801 17th
Street, N.W., Room 100, Washington, D.C. 20434 (800-276-6003 or
(703) 562-2200). FDIC FILs and Press Releases are available on the
FDIC's web site at /banknews
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