Late last year the United States Department of the Treasury (Treasury) released the National Strategy for Combating Terrorist and Other Illicit Financing, pursuant to Sections 261 and 262 of the Countering America’s Adversaries Through Sanctions Act of 2017. This report addresses the threats and risks to the U.S. financial system identified in three separate risk assessments. One of the three, the 2018 National Money Laundering Risk Assessment identifies current money laundering threats, vulnerabilities and risks faced by the United States and updates a 2015 report. Information in the report is based on a review of federal and state public sector analysis, enforcement actions and guidance. It also includes input resulting from interviews with staff from the Financial Crimes Enforcement Network (FinCEN) staff, intelligence analysts, law enforcement agents and prosecutors.
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