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Home > Law Enforcement
HIFCA
What is a HIFCA?HIFCA stands for High Intensity Financial Crime Area," these high risk areas were first announced in the 1999 National Money Laundering Strategy and were conceived in the Money Laundering and Financial Crimes Strategy Act of 1998 as a means of concentrating law enforcement efforts at the federal, state, and local levels in high intensity money laundering zones.* HIFCAs may be defined geographically or they can also be created to address money laundering in an industry sector, a financial institution, or group of financial institutions. The Purpose of HIFCAThe HIFCA program is intended to concentrate law enforcement efforts at the federal, state, and local level to combat money laundering in designated high-intensity money laundering zones. In order to implement this goal, a money-laundering action team will be created or identified within each HIFCA to spearhead a coordinated federal, state, and local anti-money laundering effort. Each action team will be composed of all relevant federal, state, and local enforcement authorities, prosecutors, and financial regulators. How are HIFCAs designated?The statute mandating HIFCAs sets forth an extended list of factors that must be considered in designating a HIFCA. These factors encompass three general categories of information: demographic and general economic data;
HIFCA Regional Map
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