Social Media Ideas for Bank Secrecy Act

FinCEN and Banking Agencies Clarify SAR Confidentiality Requirements

Federal Agencies Clarify What Banks May Tell Customers and Other Third Parties About Suspected Fraud and SARs

On Sept. 2, 2026, the Federal Reserve, Federal Deposit Insurance Corporation, Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA) and Office...

FinCEN Clarifies That Banks May Discuss Fraud and Account Closures Without Disclosing SARs

FinCEN’s $13 Billion Scam Center Alert: What Banks Need to Know About the Fastest-Growing Financial Crime Threat

FinCEN Expands Reporting Rules for $1,000 Cash Transactions at Border Money Services Businesses

People making certain cash transactions of $1,000 or more at money services businesses in parts of Texas and New Mexico may be asked for identification...

Operation Economic Outcast: What Financial Institutions Need to Know About the Treasury Department’s Section 311 Action...

FinCEN Alert: BSA Compliance Implications Related to the Mexican Cartel’s Fiscal Fuel Scheme

FinCEN's April 1, 2026 NPRM (Notice of Proposed Rulemaking): Treasury Whistleblower Rules Under the Bank Secrecy Act and...

FinCEN Proposes to Designate Banque Misr UAE as a Primary Money Laundering Concern and Revoke Correspondent Banking Acce...

The Financial Crimes Enforcement Network (“FinCEN”) has proposed to revoke Banque Misr UAE’s (the “Bank”) correspondent banking access to U.S. financial institutions, finding that...

Bank of America backed crypto AML rules but reported over $5 billion in suspicious activity late

In December 2023, Senator Elizabeth Warren asked Bank of America CEO Brian Moynihan whether crypto companies handling financial transactions should follow the same anti-money-laund...

Following the Ring: What Chinese Money Laundering Networks and the Bank of America Case Teach Us (Swagatam Sen)

On 13 October, the US Treasury announced more than $1.21 billion in penalties against Bank of Americ...

Operation Economic Outcast Targets Charity Networks: What Banks Need to Know About FinCEN’s Latest Iran Alert

The Feds Are Spying on Your Bank Account

While the Treasury forces money changers to report on suspected immigrants, Homeland Security is having police pull people over for suspicious transactions.

FinCEN Asks Banks to Step Up Efforts at Detecting Student Aid Fraud

Amex hit with $350m penalty for AML deficiencies

The Office of the Comptroller of the Currency (OCC), the main banking regulator in the US, has issued a $350m civil money penalty against American Express National Bank for deficie...

New Guidance Addresses SAR Confidentiality and Customer Communications

FinCEN Reissues Geographic Targeting Order for Money Services Businesses Along the Southwest Border

SEC Settles With Canadian Broker Over Alleged AML Failures

The SEC claimed Haywood USA failed to file required suspicious activity reports and didn't investigate red flags tied to accounts involving a convicted criminal and a banker.

Treasury Expands Operation Economic Outcast Toolbox With Focus on Foreign Financial Institutions

What to Know Treasury’s Operation Economic Outcast now targets foreign banks, digital-asset platforms and shadow-banking networks that help Iran reach the financial system. OFAC’s...

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

WASHINGTON (AP) — The U.S. Treasury Department said Tuesday that it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laund...

Executive Order Increases Scrutiny of Immigration-Tied Financial Activity

AICPA recommends IRS clarification of Form 8050

The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax...

Bank Of America Pays $1.2 Billion For Anti-Money Laundering Violations

Bank of America will pay more than $1.2 billion for anti-money laundering and sanctions violations that allowed billions in suspicious transactions to go unreported.

Bank of Thailand Tightens Measures Against Financial Crime

The Bank of Thailand and financial firms are stepping up efforts to prevent the financial system from being used for illegal activities. The initiative will strengthen how institut...