Tag: Bank Secrecy Act

Underlying credit and liquidity risks associated with the current point in the economic cycle should be on bankers’ radar screens, ...

Ahead of a Senate Banking Committee hearing tomorrow on beneficial ownership, the American Bankers Association wrote to committee members calling ...

At its annual Law Enforcement Awards ceremony today, the Financial Crimes Enforcement Network recognized several state and federal law enforcement ...

The federal banking agencies plan to reintroduce the examination manual for anti-money laundering/Bank Secrecy Act compliance later this year, Comptroller ...

The Financial Crimes Enforcement Network today issued guidance on how its regulations apply to money transmission involving convertible virtual currencies.

The House Financial Services Committee today voted to advance H.R. 2514—an American Bankers Association-backed bill introduced by Rep. Emanuel Cleaver ...

ABA today joined eight industry trade groups in a letter of support for two anti-money laundering bills being considered by ...

These enforcement actions highlight regulators’ expectation that financial institutions implement robust anti-money laundering/Bank Secrecy Act compliance programs.

The requirements of the Bank Secrecy Act pose a significant challenge for his bank due in part to the interconnected ...

Comptroller of the Currency Joseph Otting today expressed his positive view of banks’ efforts to comply with anti-money laundering regulations.