Haider Settlement
The ex-compliance chief of MoneyGram International Inc. (MoneyGram) is found personally liable for MoneyGram’s AML failures. The lawsuit is unprecedented ...
Tag: Financial Crimes Enforcement Network (FinCEN)
Investment Advisers and the Bank Secrecy Act: A Risk-Based Response to FinCEN’s Call to Arms
Earlier this month the New York State Department of Financial Services announced proposed anti-money laundering and terrorist financing regulations. If ...
CTA: How Did We Get Here?
With its dramatic reversal early this month and newly issued interim rule, the Treasury Department has carved a clear fork ...
Court Reinstates CTA, FinCEN Extends Filing Deadlines
Most deadlines extended to Jan. 13
Top Stories of 2024
Seismic shifts are threatening to reshape the modern compliance landscape, from Supreme Court decisions tossing out decades of regulatory advantages ...
FinCEN Has Proposed New AML/CFT Rules; Here Are 2 Areas Where Risk Assessment Can Make a Difference
AML/CFT programs should expect increased enforcement actions
News Roundup: With Court Challenge Ongoing and Deadline Approaching Rapidly, CTA Awareness Lags
Data protection struggles amid cloud & AI expansion
A (Beneficial) Owners Manual: Staying Compliant in Light of New FinCEN Rule
New regulations will require companies to report accurate and up-to-date beneficial ownership information to the U.S. government. Keeping track of ...
Ownership Reporting Requirements May Ensnare Web3.0 Companies
Popular among Web3.0 companies, decentralized autonomous organizations, or DAOs, lack many of the traditional elements of legal business entities. But ...
Survey: Few Companies Subject to New CTA Reporting Requirements Are Aware of Them
Corporate Transparency Act will affect millions of businesses starting next year
Corporate Transparency Act: What Is It, and How Will It Affect Small Companies?
The 2021 Corporate Transparency Act included new reporting requirements that represent the most significant change in the formation of corporations ...
Countdown to the Corporate Transparency Act
If you haven’t heard of the CTA, you’re not alone
