Tag Archives: anti-money laundering

FinCEN Updates List of AML/CFT Jurisdictions

The Financial Crimes Enforcement Network today released a revised list of the jurisdictions that are subject to countermeasures or enhanced due diligence due to anti-money laundering and counter-terrorist financing deficiencies (Section I), as well as jurisdictions with AML/CFT deficiencies that are working to correct them (Section II).

Read More »

FinCEN ‘Thinking More Creatively’ in Exercising Statutory Authority

As the Financial Crimes Enforcement Network works to ensure that the financial system that is resistant to abuse and able to share valuable information with law enforcement, Acting Director Jamal El-Hindi today said at the ABA/ABA Money Laundering Enforcement Conference in Washington, D.C., that FinCEN would “think more creatively” about how it exercises its statutory authority.

Read More »

Sharing Suspicions

Automated collaboration among financial institutions can help banks, and law enforcement, fight financial crime more efficiently and effectively.

Read More »