To: Board of Supervisors
From: District Attorney
Agenda Section: Consent
SUBJECT:
title
Memorandum of Understanding with the Transaction Record Analysis Center Regarding Access to the TRAC Money Transmitter Data System
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Waive the requirements of the Humboldt County Nuclear-Free Ordinance with regard to the attached memorandum of understanding with the Transaction Record Analysis Center;
2. Approve, and authorize the District Attorney, or a designee thereof, to execute the attached memorandum of understanding with the Transaction Record Analysis Center regarding access to the TRAC Money Transmitter Data system; and
3. Authorize the District Attorney, or designee thereof, to execute any and all subsequent amendments to the attached memorandum of understanding with the Transaction Record Analysis Center, after review and approval by County Counsel, Risk Management and the County Administrative Office.
Body
SOURCE OF FUNDING:
None
DISCUSSION:
In February, 2010, a settlement agreement was reached between the State of Arizona and Western Union Financial Services. As part of the settlement agreement the third-party monitoring service known as the Transaction Record Analysis Center was created for purposes of enhancing and better coordinating investigations and prosecution of illegal money laundering activities. The attached memorandum of understanding with the Transaction Record Analysis Center will allow the Humboldt County District Attorney’s Office to access the TRAC Money Transmitter Data System and receive analytical and data-related assistance and training.
Accordingly, staff recommends that the Board approve, and authorize the District Attorney, or a designee thereof, to execute the attached memorandum of understanding with the Transaction Record Analysis Center regarding access to the TRAC Money Transmitter Data system. Staff also recommends that the Board authorize the District Attorney, or a designee thereof, to execute any and all subsequent amendments to the attached memorandum of understanding with the Transaction Record Analysis Center, after review and approval by County Counsel, Risk Management and the County Administrative Office, in order to avoid any unnecessary delays in accessing the TRAC Money Transmitter Data system.
FINANCIAL IMPACT:
There are no direct costs associated with the attached memorandum of understanding with the Transaction Record Analysis Center regarding access to the TRAC Money Transmitter Data system. As a result, approval of the attached memorandum of understanding with the Transaction Record Analysis Center will not impact the Humboldt County General Fund.
STRATEGIC FRAMEWORK:
The recommended actions support the Board of Supervisors’ Strategic Framework by enforcing laws and regulations to protect residents.
OTHER AGENCY INVOLVEMENT:
None
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Board discretion.
ATTACHMENTS:
1. Memorandum of Understanding with the Transaction Record Analysis Center Regarding Access to the TRAC Money Transmitter Data System
2. Transaction Record Analysis Center Data Policy
3. State of Arizona v. Western Union Settlement Agreement
4. Order Approving Settlement and Appointing Monitor
5. Stipulated Motion for Approval of Amendment to the Settlement Agreement
PREVIOUS ACTION/REFERRAL:
Board Order No.: N/A
Meeting of: N/A
File No.: N/A