Jan 17, 2025 · WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert today to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities for financial gain. These FinCEN-specific fraud schemes include scams that exploit beneficial ownership information reporting; misuse ...

FinCEN’s insignia emphasizes its unique mission to safeguard the financial system from illicit activity, counter money laundering and the financing of terrorism, and promote national security through strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence.

A FinCEN ID is a unique identifying number issued to an individual by FinCEN. Although there is no requirement to obtain a FinCEN ID, doing so can simplify the reporting process.

Dec 18, 2024 · These FinCEN-specific fraud schemes include scams that exploit beneficial ownership information reporting; misuse FinCEN’s Money Services Business Registration tool; or involve the impersonation of, or misrepresent affiliation with, FinCEN and its employees.

Jan 1, 2024 · Request and maintain a FinCEN ID by filing a true, correct, and complete FinCEN ID application. This section includes specific recommendations and instructions to assist in filing a FinCEN ID application.

Members of Treasury-recognized signature guarantee programs are for security transfers only. (i) We require the institution's seal or signature guarantee stamp. (ii) If the institution is an authorized paying agent for U.S. Savings Bonds, we require a legible imprint of the paying agent's stamp.

Connection and file transfer requirements between BSA Direct E-Filing and filing organizations using the Secure Direct Transfer Mode (SDTM). FinCEN recommends the use of CONNECT:Direct Secure+ as the mechanism for transferring files between BSA Direct E-Filing and any filing organization.

Am I an MSB? The current rules amended in 1999 by the Financial Crimes Enforcement Network revised the regulatory definitions of certain non-bank financial institutions for purposes of the Bank Secrecy Act (BSA) and grouped the definitions into a separate category of financial institution called "money services businesses" or "MSBs."

This site contains detailed information about STAMP, SEMP, MSP and SVP Participants and may be accessed only by financial services firms registered with KFS. If you would like more information about the STAMP or SEMP Programs, please visit:

Oct 11, 2024 · The BSA E-Filing System supports electronic filing of Bank Secrecy Act (BSA) forms (either individually or in batches) through a FinCEN secure network. BSA E-Filing provides a faster, more convenient, more secure, and more …