The Financial Crimes Enforcement Network (FinCEN) today submitted a Notice of Proposed Rulemaking (NPRM) to the Federal Register to implement a whistleblower program.
The proposed rule would establish procedures for the submission of whistleblower information, protections against retaliation, and a framework for determining awards.
Key Provisions
- Awards of 10-30% of monetary sanctions collected
- Anti-retaliation protections for whistleblowers
- Confidentiality safeguards for submitted information
