On February 5th, the Financial Crimes Enforcement Network ("FinCEN") issued a final rule to conform its "314(a) program" to agreements with certain foreign jurisdictions, specifically the Agreement on Mutual Legal Assistance between the United States and the European Union. The regulation allows law enforcement agencies to submit information requests concerning significant money laundering or terrorist finance investigations to U.S. financial institutions through FinCEN. The regulation also permits U.S. state and local law enforcement agencies to have the same access to the program that previously was available only to Federal law enforcement agencies. FinCEN Press Release.