Financial Crimes Enforcement Network: Annual Report Fiscal Year 2006   [open pdf - 14MB]

"The Financial Crimes Enforcement Network (FinCEN) seeks to enhance U.S. national security and to make the financial system increasingly resistant to abuse by money launderers, terrorists and their financial supporters, and other perpetrators of crime. In pursuit of these aims, Fin- CEN relies on the expertise of a small but growing staff--now just over 300 employees--as well as on a broad range of collaborative partnerships. As the nation's financial intelligence unit, FinCEN works closely with numerous federal, state, and local law enforcement agencies and regulators, as well as with members of our nation's diverse financial sectors. We also play a global leadership role in the Egmont Group of financial intelligence units, collaborate with our counterparts in other countries, and support multi-national bodies seeking to promote global anti-money laundering and counter-terrorist financing measures. FinCEN's Fiscal Year 2006 accomplishments are a testament to both our employees' expertise and our many productive relationships with other agencies. This year, the men and women of FinCEN: 1) Worked hand-in-hand with authorized users of Bank Secrecy Act (BSA) data to facilitate greater exploitation of this valuable financial information. For example, we expanded the capacity to broaden the scope of BSA data analysis through new sharing arrangements with several federal law enforcement agencies that use this data in combination with other unique data sets. [...] 2) Supported law enforcement efforts through more than one thousand information exchanges with other members of the Egmont Group of financial intelligence units from around the world. 3) Found innovative ways to analyze the BSA data to support industry, regulatory, and law enforcement needs."

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Financial Crimes Enforcement Network (U.S.): http://www.fincen.gov/
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