Financial Crimes Enforcement Network Form

FINANCIAL CRIMES ENFORCEMENT NETWORK FORM — BUSINESS AGREEMENT FOR SERVICES AND DATA SUBMISSION

Parties and Effective Date

Government Agency Name:

Effective Date:

WHEREAS

WHEREAS, the Financial Crimes Enforcement Network (the Agency) administers measures to detect and prevent financial crimes and may obtain technical services, data processing, and reporting support from qualified third parties; and

WHEREAS, the Contractor represents that it has the expertise, systems, personnel, and security controls necessary to perform the services described in this Agreement and to safeguard sensitive financial information; and

WHEREAS, the parties desire to set forth the terms and conditions under which the Contractor will perform services and provide data to the Agency.

Scope of Work

Payment Terms

Contract Price (Total): $

Term and Termination

Commencement Date:

Expiration Date:

Termination for Cause: Either party may terminate this Agreement for material breach if the breaching party fails to cure within the notice period specified above. Termination shall be without prejudice to any remedies available at law or equity.

Confidentiality and Data Protection

The Contractor shall treat as Confidential Information all non-public information disclosed by the Agency in connection with this Agreement, including reports, transaction data, analyses, and any information that by its nature should reasonably be understood to be confidential. The Contractor shall:

• Implement and maintain administrative, technical, and physical safeguards appropriate to the sensitivity of the information;
• Limit access to Authorized Personnel who have a legitimate need to perform the services;
• Not disclose Confidential Information except as required by law or court order, and then only after providing prompt written notice to the Agency (to the extent permitted by law);
• Return or securely destroy all Confidential Information upon termination or expiration of this Agreement, unless retention is required by law and the Contractor provides written notice to the Agency.

Compliance, Reporting, and Certifications

The Contractor certifies that it will comply with applicable anti-money laundering, counter-terrorist financing, privacy, and record-keeping laws and regulations in the performance of this Agreement. The Contractor shall promptly report to the Agency any actual or suspected breach or unauthorized disclosure of Agency data, and shall cooperate with any Agency investigation.

Acknowledgement of Reporting Obligations: I acknowledge the Contractor's obligations to report and cooperate as set forth above.

Indemnification and Limitation of Liability

The Contractor shall indemnify, defend, and hold harmless the Agency, its officers, employees, and agents from and against any third-party claims, damages, losses, or expenses arising out of the Contractor's breach of this Agreement, negligence, willful misconduct, or failure to comply with applicable law. Except as to liability for willful misconduct or gross negligence, neither party shall be liable for consequential or punitive damages.

Governing Law and Dispute Resolution

This Agreement shall be governed by the laws of the State of without regard to its conflicts of law principles. The parties shall attempt in good faith to resolve disputes by negotiation before initiating litigation or arbitration.

Representations, Warranties and Certifications

Each party represents and warrants that it has the full power and authority to enter into and perform under this Agreement, and that the execution and performance of this Agreement will not violate any other agreement to which it is a party.

Entire Agreement

This Agreement, including all schedules and attachments, constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior or contemporaneous agreements, understandings, and communications, whether written or oral. Any amendment must be in writing and signed by authorized representatives of both parties.

Notices

Certifications and Penalties

The undersigned certifies, under penalty of perjury and applicable law, that the information provided in connection with this Agreement is true, correct, and complete to the best of their knowledge. False statements or material omissions may subject the signer to civil or criminal penalties under applicable law.

Acknowledgement of Certification: I certify the accuracy of information provided and accept the penalties for false statements.

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