Tag: FinCEN

FinCEN issued an advisory for financial institutions regarding new trends in the illicit fentanyl supply chain, particularly in relation to ...

Under the regulations, certain financial institutions are required to establish and maintain due diligence programs for foreign financial institutions and ...

FinCEN received approximately 4.6 million suspicious activity reports in fiscal year 2023, for an average of 12,600 reports a day, ...

ABA urged the Office of Management and Budget to condition renewal of a form that facilitates beneficial ownership information collection ...

ABA shared shared banker feedback on a FinCEN request for information about the potential consequences of a possible change to ...

FinCEN and the IRS-CI announced the launch of a series of educational sessions to help banks and other financial institutions ...

The SEC and FinCEN proposed a new rule to require SEC-registered investment advisers and exempt reporting advisers to adopt customer ...

FinCEN issued an advisory to assist financial institutions in detecting potentially illicit transactions related to Iran-backed terrorist organizations.

Financial institutions can improve the value of their suspicious activity reports for law enforcement by taking steps such as providing ...

FinCEN needs to accurately calculate the burden that collection currently places on financial institutions, and to consider the parts of ...