314 Program
The USA PATRIOT Act of 2001, §314(a) requires the Secretary of the Treasury to create a secure network for the transmission of information to enforce the relevant regulations.
FinCEN’s regulations under Section 314(a) enable federal law enforcement agencies, through FinCEN, to reach out to more than 45,000 points of contact at more than 27,000 financial institutions to locate accounts and transactions of persons that may be involved in terrorist financing and/or money laundering. This cooperative partnership between the financial community and law enforcement allows disparate bits of information to be identified, centralized, and rapidly evaluated.
This web interface allows the person(s) designated in §314(a)(3)(A) to register and transmit information to FinCEN.
Read more about this topic: Financial Crimes Enforcement Network
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