Whistleblower & Self-Disclosure Pages Launched

FinCEN launched a webpage specifically dedicated to accepting whistleblower tips related to fraud, money laundering and sanctions violations. FinCEN explained the program ...offers incentives and protections to encourage individuals to provide information about violations or conspiracies to commit violations of the following...:

  • The Bank Secrecy Act (BSA);
  • The International Emergency Economic Powers Act (IEEPA);
  • Trading With the Enemy Act (TWEA); or
  • The Foreign Narcotics Kingpin Designation Act (Kingpin Act).

Someone submitting a tip resulting in a successful enforcement action may be eligible for an award. FinCEN plans to issue a regulation to fully implement these whistleblower incentives and protections and will begin processing and paying awards once it is finalized.

And on another note, OFAC has launched a voluntary “Self-Disclosure Portal”, allowing ...a streamlined, secure method for submitting voluntary self-disclosures of potential violations of OFAC-administered sanctions programs.

OFAC hopes this online system will be more efficient and transparent for users and encourages its use.

BSA Training!

Published 2026/02/25
Amy Kudlacek

Amy Kudlacek

Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager. Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelors Degree in Business Administration and is a graduate of the ABA Compliance School. Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!

Recent Posts

Whistleblower & Self-Disclosure Pages Launched

TRID & The 0% Tolerance

AML / CFT National Priorities: Fraud and Corruption

Archives

see all topics
Whistleblower & Self-Disclosure Pages Launched
1:12