Tag: FinCEN

Last year, financial institutions filed 1,246 BSA reports that identified suspected fentanyl-related activity amounting to approximately $1.4 billion in suspicious ...

FinCEN issued an alert for financial institutions on bulk cash smuggling and repatriation by Mexico-based transnational criminal organizations. It also ...

FinCEN posted an interim final rule removing the requirement for U.S. companies and persons to report beneficial ownership information to ...

FinCEN ssued a geographic targeting order requiring all money services businesses located in 30 ZIP codes in California and Texas ...

The Treasury Department announced that it will not enforce any penalties or fines against U.S. companies for failing to report ...

FinCEN said it will not issue fines or penalties against companies that fail to report their BOI by the current ...

U.S. financial institutions should consider the FATF’s stance toward these jurisdictions when reviewing their obligations and risk-based policies, procedures and ...

FinCEN issued a statement calling on financial institutions to remain vigilant regarding suspicious activity that may be indicative of relationship ...

FinCEN announced that beneficial ownership reporting requirements are back in effect after a federal court lifted the remaining nationwide injunction ...

A federal court has lifted its nationwide injunction on beneficial ownership information collection, citing a U.S. Supreme Court ruling in ...