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FinCEN to Share More Law Enforcement Data with Financial Institutions
By Brian Orsak
printThe U.S. Treasury Department is readying a program to share intelligence from law enforcement agencies with the banks charged with identifying suspicious transactions, an official said Thursday. In a speech before compliance professionals in the securities industry, Financial Crimes Enforcement Network Director Jennifer Shasky Calvery outlined ways in which federal officials have made good on plans to ease data-sharing with and among banks. The Office of the Comptroller of the Currency called for such data-sharing under a U.S. Patriot Act program at least three times in 2013. "We have begun exploring new ways to expand information sharing from government to...
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