Court orders pause for southwest border geographic targeting order
A federal court in California issued a temporary restraining order preventing enforcement of a FinCEN order requiring money services businesses ...
Tag: Anti-money laundering
Recent news from Treasury’s Office of Foreign Assets Control: April 28
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
Recent news from Treasury’s Office of Foreign Assets Control: April 21
The Office of Foreign Assets Control announced the following sanctions action last week. Iran-related Sanctions OFAC designates Chinese importers of ...
FinCEN renews geographic targeting orders for multiple states
FinCEN has renewed several geographic targeting orders that require U.S. title insurance companies to identify the natural persons behind shell ...
FinCEN to eliminate ‘redundant’ Bank Secrecy Act civil penalty rule
FinCEN plans to rescind one of its two rules establishing civil penalties for certain Bank Secrecy Act violations, which it ...
Terrorism and money laundering aggregates published: January through March 2025
The FinCEN 314(a) Updates section is published on a periodic basis to better capture the trend line for 314(a) usage. ...
FinCEN issues analysis of fentanyl-related BSA reports
Last year, financial institutions filed 1,246 BSA reports that identified suspected fentanyl-related activity amounting to approximately $1.4 billion in suspicious ...
Bessent outlines administration’s plan for easing bank regulation
The Treasury Department intends to play a greater role in bank regulation with more regulatory tailoring for community banks, which ...
FS-ISAC issues framework for increasing fraud, cybersecurity team collaboration
FS-ISAC released a report on how financial institutions can strengthen collaboration between their cybersecurity, fraud, financial crime and anti-money laundering ...
FinCEN issues guidance on Mexico-based criminal organizations, ISIS
FinCEN issued an alert for financial institutions on bulk cash smuggling and repatriation by Mexico-based transnational criminal organizations. It also ...
