What are the FinCEN Files?
FinCEN is the abbreviation for Financial Crimes Enforcement Network, the American financial investigation agency that combats money laundering. Banks are required to report suspicious US dollar transactions, including outside the US. For transactions in dollars, there is an American bank in between, so they make the report. It is unknown what FinCEN did with the reports.
On Sunday, 2600 documents were leaked, which concern reports between 2000 and 2017. The documents were leaked to the news site Buzzfeed, which she shared with the ICIJ. It is an insight into how banks keep an eye on suspicious money flows. It also provides insight into widespread corruption in the financial market.
BuzzFeed says the documents were part of the US Senate investigation into Russian interference in the US presidential election in 2016. Hence, the reports often concern Russia.
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