FinCEN urges institutions to remain vigilant to environmental crimes

The Financial Crimes Enforcement Network reminded financial institutions to remain vigilant in identifying and reporting suspicious activity related to environmental crimes.

Details: Recognizing Earth Day, FinCEN reminded banks it offers resources to help stakeholders identify and combat environmental crimes and associated illicit financial activity, including:

  • A 2021 analysis on illicit finance threats involving wildlife trafficking.

  • A 2021 notice on environmental crimes and related financial activity.