WASHINGTON, April 1 -- Financial Crimes Enforcement Network has issued a proposed rule called: Whistleblower Incentives and Protections.
The proposed rule was published in the Federal Register on April 1 by Andrea M. Gacki, Director, Financial Crimes Enforcement Network.
Summary: FinCEN is proposing a rule to establish a whistleblower program that offers incentives and protections to encourage individuals who have information about potential violations of the Bank Secrecy Act (BSA), International Emergency Economic Powers Act (IEEPA), Trading With the Enemy Act of 1917 (TWEA), and Foreign Narcotics Kingpin Designation Act (Kingpin Act) to voluntarily report such information (the "Whistleblower Program"). The proposed rule would implement ...