2021 Ohio Bankers Day

AML/CFT Priorities

Corruption; Cybercrime; Foreign and domestic terrorist financing; Fraud; Transnational criminal organization activity; Drug trafficking organization activity; Human trafficking and human smuggling; and Proliferation financing.

No Action Letter

Pursuant to Section 6305 of the Anti-Money Laundering Act of 2020 (AML Act), the report was delivered on June 28, 2021 to the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services. FinCEN’s assessment included consultation with the Attorney General, the Federal functional regulators, State bank supervisors, State credit union supervisors, and other Federal agencies, as required by the AML Act.