The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury that safeguards the financial system from illicit use, combats money laundering, and promotes national security through the collection, analysis, and dissemination of financial intelligence. FinCEN works closely with financial institutions, law enforcement, and regulatory agencies to detect and prevent financial crimes, including fraud, terrorism financing, and sanctions evasion. Through the Bank Secrecy Act (BSA) and related regulations, FinCEN ensures transparency in financial transactions while supporting responsible innovation across the financial sector.
NASCUS actively tracks FinCEN updates, notices, and advisories to keep state regulators and credit unions informed of evolving compliance expectations and policy developments. From new rulemakings and enforcement priorities to trend analyses and advisory notices, NASCUS provides timely summaries and insights that help credit unions and state agencies navigate the complex regulatory landscape. By monitoring FinCEN activity, NASCUS ensures that its members stay ahead of emerging threats and maintain strong compliance practices that support a safe, sound, and resilient credit union system.
