FinCEN Announces Functional Reorganization

Posted on June 29th, 2013 in Banking, Criminal Enforcement, Federal Issues By BuckleySandler

On June 24, FinCEN announced its new organizational structure, effective immediately. The new structure organizes employees based on their job function, whereas previously employees were organized based on the stakeholder that they served. FinCEN believes the change will maximize its ability to efficiently further its anti-money laundering and counterterrorist financing efforts.