FinCEN issues alert on Iranian money laundering activities
FinCEN issued an alert to help financial institutions identify and stop funding streams and procurement networks supporting Iran’s Islamic Revolutionary Guard Corps.
ABA Data Bank: Volatility shifts signal persistent headwinds for rates markets
Related Posts
ABA, KBA launch ad urging Rep. Barr to keep supporting sound economic policies
ABA and the Kentucky Bankers Association have released a new ad highlighting Rep. Andy Barr’s (R-Ky.) support of legislation to strengthen the economy and encouraging him to continue his efforts.
FinCEN updates CDD rule FAQs to account for beneficial ownership reporting changes
FinCEN has updated and reissued its FAQs regarding bank customer due diligence requirements to account for a recent order that eased beneficial ownership reporting requirements.
Nichols calls on bankers to contact senators ahead of stablecoin vote
In a Sunday letter to bank CEOs, ABA President and CEO Rob Nichols urged bank leaders across the country to join an industry-wide effort to convince senators to improve digital asset market structure legislation before a key committee...
ABA to Senate Banking: Refine Clarity Act’s stablecoin yield language
ABA and a coalition of financial trade associations asked the Senate Banking Committee to refine the proposed payment stablecoin yield language in the Clarity Act, which prohibits crypto platforms from paying interest or yield to bank deposits on...
Fed report: Rising concerns about global conflict, gas prices
Despite reporting that the banking sector remains sound overall, the Fed said that more respondents in recent outreach noted risks associated with geopolitical tensions, oil prices and AI.
