FinCEN has released its Fiscal Year 2025 Year in Review, highlighting continued efforts to safeguard the U.S. financial system and combat illicit finance.
In FY 2025, FinCEN advanced key U.S. Department of the Treasury and Administration priorities by combatting fraud, countering drug trafficking and cartels, disrupting terrorist financing, and modernizing the U.S. anti-money laundering and countering the financing of terrorism framework.
Key accomplishments include approximately $10 billion saved through deregulatory actions, over 90 percent of surveyed partners reporting the value of Bank Secrecy Act data, and nearly 600 stakeholder engagement and training events.
FinCEN also continues to drive impact through efforts that have helped return nearly $1 billion to fraud victims since 2015.
For more information, email Lisa Quaranta.
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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