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3/19/2020

FinCEN Awards Recognize Law Enforcement Success Stories Supported by Bank Secrecy Act Reporting | U.S. Department of the Treas…

FinCEN Awards Recognize Law Enforcement Success Stories
Supported by Bank Secrecy Act Reporting
May 9, 2017

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) held its third annual Law
Enforcement Awards ceremony today at the U.S. Department of the Treasury. FinCEN presented
awards to law enforcement agencies that use Bank Secrecy Act reporting provided by financial
institutions in their criminal investigations. The goals of the program are to recognize law
enforcement agencies that made e ective use of financial institution reporting to obtain a
successful prosecution, and to demonstrate to the financial industry the value of its reporting to
law enforcement. The program emphasizes that prompt and accurate reporting by the financial
industry is vital to the successful partnership with law enforcement to fight financial crime.
"The scope and quality of the data that we are collecting through Bank Secrecy Act reporting is
constantly improving, and FinCEN has made great advancements to provide law enforcement
and stakeholders faster and easier access to financial intelligence that will assist with
investigations and prosecutions," said Treasury Secretary Steven T. Mnuchin, who congratulated
award recipients at the opening of the awards ceremony. "These success stories highlight the
value of our ongoing e orts to strengthen partnerships to combat money laundering, fraud,
corruption, criminal tra icking, and other illicit activities."
The program includes six award categories recognizing achievements in combatting significant
threats to the integrity of the financial system and the safety of our communities. The program
is open to all Federal, state, local, and tribal law enforcement agencies. View the full press
release and the 2017 award recipients on the FinCEN website:
https://www.fincen.gov/news/news-releases/fincen-awards-recognize-law-enforcementsuccess-stories-supported-bank-secrecy

https://home.treasury.gov/news/press-releases/sm0077

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