DATE: December 17, 1997
NO. 97-RA-15
TO: All
Federally Insured Credit Unions
Subject:
FinCEN Advisory
The Department of the Treasury's Financial
Crimes Enforcement Network (FinCEN) has published the FinCEN
Advisory, Issue 9. The subject is "Colombian
Black Market Peso Exchange". Treasury has requested NCUA's
assistance in distributing the information to all federally insured
credit unions. The FinCEN Advisory is designed to keep
financial institutions, regulatory agencies and law enforcement
agencies advised of the trends and developments related to money
laundering and financial crime. Advisories will be published
periodically and will be distributed to all federally insured
credit unions as part of NCUA's effort to keep you informed.
Comments about the FinCEN Advisory should
be addressed to the Financial Crimes Enforcement Network, Office
of Communications, U.S. Department of the Treasury, 2070 Chain
Bridge Road, Vienna, VA 22182 or faxed to (703) 905-3885.
Sincerely,
/S/
Norman E. D'Amours
Chairman
For an Enclosure, contact the Office of Administration at 703-518-6410 or by E-mail at
oamail@ncua.gov
EI