1506-AB23 201410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS The Director of FinCEN Found that Liberty Reserve S.A. (Liberty Reserve) is a Financial Institution Operating Outside of the United States that is of Primary Money Laundering Concern

Section 311 of the USA PATRIOT Act (Section 311), codified at 31 U.S.C. 5318A, grants the Director of FinCEN the authority, upon finding that reasonable grounds exist for concluding that a foreign jurisdiction, institution, class of transaction, or type of account is of "primary money laundering concern," to require domestic financial institutions and financial agencies to take certain "special measures" to address the primary money laundering concern.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No 31 CFR ch X 31 CFR 1010.660 31 USC 5318(A) No NPRM 06/06/2013 78 FR 34008 NPRM Comment Period End 08/05/2013 Final Action 11/00/2014 No No None No No No Yes Richard May Director, Special Measures 1506 Financial Crimes Enforcement Network FINCEN 202 354-6022 703 905-3885 richard.may@fincen.gov 1801 L Street, 7th Floor, Washington DC 20036