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

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

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...

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

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

FinCEN ends beneficial ownership reporting

The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership...

FinCEN warns of fraud schemes tied to student aid

The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.

FinCEN flags $12.7B tied to Southeast Asia crypto investment scams

The U.S. Treasury’s Financial Crimes Enforcement Network has linked approximately $12.7 billion in suspicious financial activity to digital asset investment scams largely run from...

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

FinCEN ties $13B in crypto scams to non-US operations

The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.An analysis from...

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...

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

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...

FinCEN Orders Banks To Report Student Aid Fraud As Ghost Student Schemes Spread

FinCEN issued an alert directing banks to flag federal student aid fraud, targeting ghost student and straw student schemes draining $120 billion in aid. The post FinCEN Orders Ban...

Why FICA Applies to Businesses Selling Items Over R100k

The Financial Intelligence Centre (FIC) is paying close attention to the non-financial sector (Designated Non-Financial Business and Professions-DNFBP). If your business trades, bu...

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

FinCEN Final Rule Permanently Ends Beneficial Ownership Reporting Requirements for US Companies and US Persons

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...

9th Circuit Blocks FinCEN’s Border Cash Rule: What It Means for the Administration’s Anti-Cartel Push

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 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...

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...

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...