HomePublicationsNewsletter ArchiveNewslettersVolume 22Issue 13 DIRECTOR JENNIFER SHASKY CALVERY DEPARTING FINCEN

On April 26, 2016, the United States Department of the Treasury Financial Crimes Enforcement Network (“FinCEN”) announced that Jennifer Shasky Calvery will be leaving her position as Director at the end of May.  Ms. Calvery has served as FinCEN’s director since September 2012. During her tenure, Director Shasky has spoken at length regarding the casino gaming industry and its ongoing enforcement efforts of the Bank Secrecy Act and Anti-Money Laundering rules.

According to FinCEN, under Ms. Calvery’s direction, FinCEN has enhanced its reputation within the U.S. government, throughout the U.S. financial sector, and with international financial partners as a key resource in the fight against terrorist finance, money laundering, and transnational organized crime. Her work to efficiently organize FinCEN into sharply focused and dedicated divisions has led to innovative uses of existing authorities to combat financial crime, improved application of technology to derive intelligence from FinCEN’s data, and targeted regulatory initiatives to address priority threats to the U.S. financial system.

“Our leadership team has only begun to tap the potential of FinCEN’s dedicated staff and its deep pool of data and resources,” said Director Calvery. “I hope that we have enhanced the agency’s solid foundation so that FinCEN can best perform its mission for years into the future. FinCEN has so much to offer in the fight against terrorism, against international financial crime, and against drug trafficking and financial fraud here at home. Serving as FinCEN’s director has been an honor and a privilege and I will apply the lessons learned here to my every future endeavor.”

 

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