{"id":"AGY-FED-FINANCIAL-025","kind":"order","level":"federal","jurisdiction":"United States; Financial Crimes Enforcement Network, Department of the Treasury (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Financial Crimes Enforcement Network","authority":"31 U.S.C. § 5318","instrument":"FinCEN Notice of March 16, 2020","title":"The Financial Crimes Enforcement Network (FinCEN) Encourages Financial Institutions to Communicate Concerns Related to the Coronavirus Disease 2019 (COVID-19) and to Remain Alert to Related Illicit Financial Activity","dateIssued":"2020-03-16","effective":"2020-03-16","end":"Updated April 3, 2020 (Ex. 024)","startDate":"2020-03-16","endDate":"2020-04-03","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["financial institutions subject to the BSA"],"clause":"On March 13, 2020, President Trump declared a National Emergency in response to COVID-19. FinCEN requests financial institutions affected by the COVID-19 pandemic to contact FinCEN and their functional regulator as soon as practicable if a COVID-19-affected financial institution has concern about any potential delays in its ability to file required Bank Secrecy Act (BSA) reports.","enforcement":"31 U.S.C. §§ 5321-5322","functions":["OP compliance","HR"],"notes":"First FinCEN pandemic notice; the predicate for the April 3 update","sourceUrl":"https://www.fincen.gov/news/news-releases/financial-crimes-enforcement-network-fincen-encourages-financial-institutions","snapshot":"","fileExists":true,"fileBytes":311076,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-025","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-025","citation":"Financial Crimes Enforcement Network, FinCEN Notice of March 16, 2020 (Mar. 16, 2020) (Ex. AGY-FED-FINANCIAL-025)","stateName":"","related":["AGY-FED-FINANCIAL-024"]}