FinCEN Designates Iran as ‘Primary Money Laundering Concern’
The Financial Crimes Enforcement Network today issued a final rule imposing a fifth special measure against Iran as a jurisdiction ...
Tag: Anti-money laundering
House Passes ABA-Advocated AML Modernization Bill in Bipartisan Vote
The House today voted to pass the ABA-backed Corporate Transparency Act (H.R. 2513). The legislation, sponsored by Rep. Carolyn Maloney ...
ABA, State Associations Urge House to Pass AML Modernization Bill
ABA and the state bankers associations today urged the House to pass the Corporate Transparency Act (H.R. 2513), which is ...
ABA Urges House to Pass BSA/AML Modernization Bills
With a vote anticipated in the House next week on two Bank Secrecy Act/anti-money laundering bills, ABA joined a group ...
Podcast: What Legislative and Regulatory AML/BSA Changes Mean for Banks
Next week, the House is expected to vote on two ABA-backed, bipartisan bills to modernize the anti-money laundering/Bank Secrecy Act ...
Avoiding a Risky Customer Conundrum
Four principles for mitigating the BSA/AML risks of banking higher-risk clients.
ABA, Trades Support Legislation to Create Beneficial Owner Registry
The American Bankers Association joined a group of financial trade associations in a letter to Senate Banking Committee leaders endorsing ...
Bonus Podcast: What the SAFE Banking Act Means for Banks and Cannabis
On Sept. 25, the House passed a landmark cannabis bill: the ABA-backed SAFE Banking Act, which would provide clarity to ...
ABA’s Nichols Unpacks Key Banking Issues in New Podcast
In an interview with economist Andy Busch on the Engage podcast, ABA President and CEO Rob Nichols outlined priority banking ...
FinCEN Issues Warning on Illicit Fentanyl Scams
The Financial Crimes Enforcement Network today issued an advisory to financial institutions on illicit financial schemes related to the trafficking ...
