Skip to content
The COVID Project
  1. Library
  2. Federal financial regulators
  3. AGY-FED-FINANCIAL-025

Ex. AGY-FED-FINANCIAL-025 Order Primary source read

FinCEN Notice of March 16, 2020

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

Financial Crimes Enforcement Network · United States; Financial Crimes Enforcement Network, Department of the Treasury (federal) (Federal)

Open exhibit (PDF, 304 KB)Source (opens in a new tab)
The COVID Project

The record

Jurisdiction
United States; Financial Crimes Enforcement Network, Department of the Treasury (federal)
Level
Federal
Authority
31 U.S.C. § 5318
Issued
2020-03-16 Mar. 16, 2020
Effective
2020-03-16
End
Updated April 3, 2020 (Ex. 024) (read as 2020-04-03)
In force
Mar. 16, 2020 to Apr. 3, 2020
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
Limitation types
Other
Addressees
  • financial institutions subject to the BSA
Functions reached
  • OP compliance
  • HR
Collection
Federal financial regulators AGY-FED-FINANCIAL

Operative words

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

Notes

First FinCEN pandemic notice; the predicate for the April 3 update

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.