Financial Crimes Enforcement Network Guidance to Financial Institutions on the Increasing Money Laundering Threat Involving Illicit Iranian Activity

Bank Secrecy Act (BSA)Financial Crimes Enforcement Network (FINCEN)Anti-Money Laundering

The Financial Crimes Enforcement Network is issuing this advisory to U.S. financial institutions so that they may guard against threats of illicit Iranian activity related to money laundering, terrorist financing and weapons of mass destruction proliferation financing. The Financial Action Task Force (FATF) has recently determined that Iran’s lack of a comprehensive anti-money laundering and combating the financing of terrorism (AML/CFT) regime represents a significant vulnerability within the international financial system.

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