FinCEN Regulations

FinCEN, the Financial Crimes Enforcement Network, is a U.S. government agency that helps prevent money laundering and financial crimes. It collects and analyzes financial data to protect the nation from illicit activities, such as drug trafficking and terrorism financing. Institutions like banks must report large transactions and suspicious activities to FinCEN, which then investigates and shares information with law enforcement. By enforcing regulations, FinCEN works to maintain the integrity of the financial system and ensure that businesses operate lawfully and transparently.