Regulatory Alerts2026-08-04 | PDF OnlyAdded
FinCEN’s 314(a) Fact Sheet
FinCEN’s 314(a) Program requires certain U.S. financial institutions to search their records for accounts maintained during the preceding 12 months and transactions from the past 6 months when notified of subjects reasonably suspected of terrorist acts or money laundering. Financial institutions must respond via a secure portal within two weeks of the request posting date if positive matches are found, but are instructed not to reply if no matches are uncovered. Law enforcement agencies must certify that requests are based on credible evidence and undergo appropriate agency scrutiny before FinCEN distributes them to financial institutions.