US · US FinCEN
FinCEN National AML/CFT Priorities
GuidanceIn Force
- Issuing authority
- FinCEN
- Effective date
- First published 30 June 2021; under review by current administration
- Scope
- FinCEN
Key requirements
Required by AMLA 2020. FinCEN's list of 8 areas financial institutions must consider in their AML programmes: corruption, cybercrime, foreign and domestic terrorist financing, fraud, transnational criminal organisation activity, drug trafficking, human trafficking and proliferation financing. Banks must show how they're addressing each one in their risk assessments.