Social Media Ideas for Bank Secrecy Act

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

Bessent announces crackdown on undocumented immigrants' use of U.S. banks

Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."

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...

FinCEN Director’s Congressional Testimony Signals a New Era for BSA/AML Compliance- What Financial Institutions Need to...

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

2026 Updates to Corporate Transparency Act

In 2021, the United States Congress enacted the Corporate Transparency Act (CTA) to combat money laundering, terrorism financing, securities fraud, and other illicit financial acti...

UBS Fined $125M by US Regulators for Money Laundering Violations

UBS was fined $125 million by U.S. regulators on Aug. 3 for violating the Bank Secrecy Act, the largest civil fine ever against a broker-dealer for violating the main U.S. anti-mon...

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

Treasury Sec. Announces Crackdown on Banks That Provide Services to Illegal Aliens

Navigating the Corporate Transparency Act: BOI Report FinCEN Deadlines

A monumental shift in corporate compliance has taken effect in the United States, fundamentally altering the reporting obligations for millions of small businesses. The Corporate T...

Treasury Scales Back Scrutiny of U.S. Shell Companies

The Trump administration will not enforce reporting requirements of the 2021 Corporate Transparency Act, which was intended to crack down on money laundering.

FinCEN Joint Advisory Adds Financial-Activity Dimension to Employer Worksite Compliance Considerations

Fincen fines UBS $125M for money-laundering recidivism

The Treasury's financial crime prevention arm said the Swiss firm's U.S. brokerage wing largely ignored a 2018 consent order to clean up its anti-money-laundering processes, leadin...

UBS Hit with $125M Fine for Anti-Money Laundering Violations

FinCEN, FINRA and CFTC fined the bank’s wealth management division for allegedly failing to fix problems with foreign-currency wire monitoring and customer due diligence from 2019...

FinCEN Permanently Exempts U.S. Entities and Persons from Beneficial Ownership Reporting

FinCEN director expects final BOI reporting rule soon

The director of the Financial Crimes Enforcement Network told a congressional subcommittee that she’s “very optimistic” that the final rule will be issued before the end of the yea...

Executive Order Increases Scrutiny of Immigration-Tied Financial Activity

FinCEN Finalizes Corporate Transparency Act Rollback

On August 11, FinCEN announced a final rule permanently exempting U.S. companies and U.S. persons from beneficial ownership information (BOI) reporting requirements under the Corpo...

Draft bill to combat crypto money laundering

SEC orders freeze of assets linked to nine terrorism financiers

SEC said the circular would be implemented with immediate effect, adding that that failure to comply would constitute a violation of the Investments and Securities Act, 2025 and th...

Source of Funds Verification Proves Money Moved, Not That It's Clean (Victor Mendez)

An enhanced due diligence analyst collects a bank statement, ticks the source-of-funds box, and trea...

Big Banks Demand Identity Checks for Secondary Stablecoin Markets

The Bank Policy Institute, representing the massive U.S. banking lobby, filed a comment letter asking FinCEN to apply customer identification requirements to secondary stabilizatio...

Red Flags for Fraud: FinCEN Issues Advisory on Detecting Unlawful Employment Practices