The Financial Crimes Enforcement Network (FinCEN) has issued its Year in Review for Fiscal Year 2023. The document aims to provide stakeholders with insights into the collection and use of Bank Secrecy Act (BSA) data, highlighting FinCEN’s efforts to support law enforcement and national security agencies.

The Year in Review includes statistics from fiscal year 2023 on BSA reporting and details how this data is queried and utilized by law enforcement agencies. It also explains how FinCEN uses and analyzes BSA reporting to fulfill its mission, which includes supporting alerts, trend analyses, and regulatory actions.

This publication aligns with FinCEN’s commitment to providing information and statistics on the usefulness of BSA reporting, consistent with Section 6201 of the Anti-Money Laundering Act of 2020.