Regulatory Alerts2023-01-13 | FIN-2023-Alert001Added
FinCEN Alert on Human Smuggling Along the Southwest Border of the United States (FIN-2023-Alert001)
Financial institutions are requested to reference alert FIN-2023-HUMANSMUGGLING in SAR field 2 and select human smuggling in SAR Field 38(g) when filing Suspicious Activity Reports related to human smuggling along the U.S. southwest border. The alert provides trends, typologies, and red flag indicators to help identify transactions potentially associated with this crime, including cash placements, funnel accounts, and alternative payment methods. These guidelines support ongoing U.S. Government initiatives to combat human smuggling and remind institutions of their Bank Secrecy Act reporting obligations.
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