FinCEN convenes Public-Private Engagement to Combat Cartels

FinCEN convened law enforcement and financial institutions for an information-sharing engagement to combat cartels. The event was led by Gene Lange, who is performing the duties of the Under Secretary for Terrorism and Financial Intelligence, and Jimmy Kirby, FinCEN’s Deputy Director. Participants discussed case studies, typologies, and suspicious activity related to cartels. The August 10 event was the third in the “Combating and Obstructing Money Movements Associated with Narcotics and Drug Trafficking Organizations” (COMMAND) FinCEN Exchange series. The series supports Executive Order 14157, which designates cartels and other organizations as foreign terrorist organizations and specially designated global terrorists.