Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
FinCEN Provides Fact Sheet On FI Info Sharing
VIENNA, Va. (11/1/13)--The Financial Crimes Enforcement Network (FinCEN) Thursday issued a fact sheet on a section of the USA PATRIOT Act that allows credit unions and other financial institutions to share information with one another.

The information sharing is permitted as a way to help identify and report suspected terrorism and money laundering activities. Financial institutions must notify FinCEN of their intent to share information and ensure adequate steps to maintain confidentiality.

The fact sheet explores such topics as the benefits of information sharing under FinCEn's 314 (b) program, who is eligible to participate in the program, what information can be shared, and more.

Use the resource link to access the fact sheet.
Other Resources

FinCEN Fact Sheet
RSS





print
News Now LiveWire
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
4 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
8 hours ago
Registration is now open for online viewing of @TheNCUA's March 19 board meeting. https://t.co/mMZoXSFjMe
8 hours ago
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
10 hours ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
10 hours ago