The U.S. Department of the Treasury has appointed Jennifer Shasky Calvery as the new director of the Financial Crimes Enforcement Network (FinCEN). Shasky Calvery, who begins her duties in September, assumes this position from Jim Freis, who has served as director of FinCEN for the past five years.
Since its establishment in 1990, FinCEN’s wide-ranging work to protect the U.S. financial system from money laundering and other forms of illicit financial activity is a cornerstone of the Treasury Department’s efforts to protect the financial system from abuse and advance the national security interests of the United States.
