Rep. Pittenger Raps FinCEN for Short Comment Period
Rep. Robert Pittenger (R-N.C.), the vice chairman of the House Financial Services Committee’s Task Force to Investigate Terrorism Financing, today ...
Tag: 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 ...
FinCEN Targets Miami, Manhattan Real Estate with AML Efforts
The Financial Crimes Enforcement Network announced today that it will temporarily require certain U.S. title insurance companies in target areas ...
ABA Questions FinCEN Analysis of Due Diligence Rule
The Financial Crimes Enforcement Network’s evaluations of the regulatory impact of its proposal to enhance customer due diligence requirements fail ...
OCC: Underwriting and Cyber Risk Are On the Rise
The Office of the Comptroller of the Currency will make credit risk and cyber risk a focus over the coming ...
ABA: Reg Burden Key to Correspondent Banking Declines
ABA in a comment letter yesterday to the Bank for International Settlements voiced its support for three of the four ...
In the Fight Against Fraud, Strong Leadership is Key
Stopping fraud is an enterprise-wide project that requires an enterprise-wide leader empowered to connect silos.
FinCEN Director: BSA Reporting is Crucial Part of Financial Intelligence
FinCEN Director Jennifer Shasky Calvery, speaking at the ABA/ABA Money Laundering Enforcement Conference today, stressed the need for financial institutions ...
Szubin: Risks Should be Managed, Not Avoided Altogether
Speaking at the ABA/ABA Money Laundering Enforcement Conference today, Acting Treasury Undersecretary Adam Szubin stressed the importance of healthy correspondent ...
Basel Report Outlines Action on Correspondent Banking Decline
The Basel, Switzerland-based Financial Stability Board published a report today on the decline in international correspondent banking activity and actions ...
