Tag: Financial Crimes Enforcement Network (FinCEN)

The Corporate Transparency Act (CTA) will require millions of U.S. businesses to provide beneficial ownership information to the federal government. ...

Anti-money laundering laws have now seen the most significant reformation of the Bank Secrecy Act since the adoption of the ...

FinCEN has proposed lowering the “Recordkeeping Rule” and “Travel Rule” thresholds, and although the changes would benefit law enforcement, they ...

Recent coverage of the FinCEN data leak has illuminated the need for an evolution in SAR filing. Hummingbird CEO Joe ...

FinCEN recently released the factors it will use when deliberating an action against a financial institution for Bank Secrecy Act ...

A modification has been proposed by FinCEN and the Federal Reserve board to lower the threshold for the requirement to ...

COVID-19 has caused a significant shift in the way financial institutions are doing business. Fenergo’s Rachel Woolley discusses what they ...

Gavin/Solmonese’s Anne Eberhardt explores the opposition to the Corporate Transparency Act of 2019, stemming in part from privacy concerns and ...

Financial institutions must balance the desire to protect vulnerable clients from financial exploitation with their clients’ rightful expectation that their ...

The federal government still prohibits banks from doing business with cannabis-based businesses, leading banks to miss out on a green ...

FinCEN issued the final rule on customer due diligence on the heels of the Panama Papers scandal, and we’re now ...

Trading regulations on CVCs are due for a refresher course from FinCEN in light of recent penalties against a P2P ...