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Financial Crimes Enforcement Network

Government Body

Bureau of the Treasury that combats money laundering and financial crimes

finance_bankingcrypto

Given

$0

Received

$0

Connections

8

Votes

0

Regulatory Capture Assessment

Regulatory capture occurs when a regulatory agency advances the interests of the industry it is meant to oversee. The indicators below track evidence of capture for this agency. According to the academic literature (Stigler 1971, Carpenter & Moss 2013), captured agencies exhibit declining enforcement, revolving door personnel pipelines, and rule-making that favors incumbents over public interest.

Industry connections
0
Enforcement actions
0
Revolving door
0
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Relationships

TypeConnected ToDetailsSource
issued_ruleImposition of Special Measure Prohibiting the Transmittal of Funds Involving BitzlatoFINCEN issued rule: Imposition of Special Measure Prohibiting the Transmittal of Funds Involving BitzlatoSource
proposed_ruleProposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering ConcernFINCEN proposed rule: Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering ConcernSource
issued_ruleImposition of Special Measure Prohibiting the Transmittal of Funds Involving PM2BTCFINCEN issued rule: Imposition of Special Measure Prohibiting the Transmittal of Funds Involving PM2BTCSource
proposed_ruleRequirements for Certain Transactions Involving Convertible Virtual Currency or Digital AssetsFINCEN proposed rule: Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital AssetsSource
proposed_ruleThreshold for the Requirement To Collect, Retain, and Transmit Information on Funds Transfers and Transmittals of Funds That Begin or End Outside the United States, etc.FINCEN proposed rule: Threshold for the Requirement To Collect, Retain, and Transmit Information on Funds Transfers and Transmittals of Funds That Begin or End Outside the United States, etc.Source
proposed_ruleAnti-Money Laundering Regulations for Residential Real Estate TransfersFINCEN proposed rule: Anti-Money Laundering Regulations for Residential Real Estate TransfersSource
oversees (target)Senate Banking CommitteeSenate Banking Committee has jurisdiction over the Financial Crimes Enforcement Network
oversees (target)House Financial Services CommitteeHouse Financial Services Committee has jurisdiction over the Financial Crimes Enforcement Network