Remarks by Under Secretary for Terrorism and Financial Intelligence Brian Nelson at the Pacific Banking Forum

As Prepared for DeliveryGood morning, it’s great to be here with you all in Brisbane. I am Brian Nelson, the U.S. Treasury’s Under Secretary for Terrorism and Financial Intelligence. The offices I lead deploy the United States’ financial intelligence, regulatory, enforcement, and accountability tools to combat terrorist financing, money laundering, and other urgent illicit finance threats.This work is critical to safeguarding the U.S. and international financial systems from those who misuse it and undermine U.S. national security. It is one of the Treasury Department’s core missions, along with advancing a strong economy that promotes growth, fairness, and opportunity for all.I am joining you here today to discuss how these two missions intersect, and how we can collectively take steps to safeguard our financial systems while also promoting greater financial inclusion and integration.As we will discuss over the next two days, the importance of advancing these two missions is apparent in the Pacific,