Enclosed is a copy of the Department of the Treasury's January
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) will forward 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 also may be faxed to FinCEN at (703) 905-3885.
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 ((703) 562-2200 or