United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2006-05-12 monographic deposited born digital 62 p. GA 1.13:GAO-06-483 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-483 P0b002ee18038cd5c f:d06483 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-06-483 machine generated eng fdlp REPORT GAOREPORTS-GAO-06-483 GAO-06-483 Counterterrorism Criminal activities Interagency relations Intergovernmental relations International relations Law enforcement Money laundering Terrorism Terrorist financing Treasury Financial Crimes Enforcement Network Other Written Product A53961 Money laundering and terrorist financing can severely affect the nation's economy and also result in loss of lives. To combat these transnational crimes, the Treasury Department (Treasury) and its component bureau, the Financial Crimes Enforcement Network (FinCEN), have key roles. Section 330 of the USA PATRIOT Act encourages the federal government to engage foreign jurisdictions in negotiations to ensure that foreign banks and financial institutions maintain adequate records to combat international financial crime. Treasury plays a lead role in facilitating such efforts. In accordance with its various responsibilities codified by section 361, FinCEN is to coordinate with its foreign counterparts--financial intelligence units (FIU). This report describes (1) Treasury's approach for negotiating with foreign jurisdictions, (2) how FinCEN has contributed to establishing FIUs in foreign countries and enhancing the capabilities of these units, and (3) what actions FinCEN is taking to maximize its performance as a global partner https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-483/html/GAOREPORTS-GAO-06-483.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-483/pdf/GAOREPORTS-GAO-06-483.pdf GAO-06-483 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-483 Other Written Product GAO-06-483; International Financial Crime: Treasury's Roles and Responsibilities Relating to Selected Provisions of the USA PATRIOT Act; Counterterrorism Criminal activities Interagency relations Intergovernmental relations International relations Law enforcement Money laundering Terrorism Terrorist financing Treasury Financial Crimes Enforcement Network Volume 84 Page 1115 84 Stat. 1115 Volume 115 Page 272 115 Stat. 272 Public Law 91-508 Public Law 107-56