According to testimony from the Government Accounting Office, more forfeitures have not been realized because investigators and prosecutors lack incentive and expertise, foreign and U.S. laws restrict availability of financial information, and foreign laws restrict dissemination of bank information. In addition, the Tax Reform Act of 1979 limits the role of the Internal Revenue Service in drug enforcement. The Treasury Department's responsibilities under the (Foreign) Bank Secrecy Act are discussed, including enforcing financial recordkeeping and currency transaction reporting requirements. Additional testimony was presented by representatives of the Department of Justice, the Drug Enforcement Administration, and the U.S. Attorneys offices in New York and California. Additional witnesses also testified. Tabular data are appended.