Tag: FinCEN

With criminals increasingly turning to virtual currencies to move illicit funds, the Financial Crimes Enforcement Network last week proposed new ...

To help banks develop more efficient and effective Bank Secrecy Act compliance programs, the OCC has issued a proposal that ...

To help banks develop more efficient and effective Bank Secrecy Act compliance programs, the FDIC today issued a proposal that ...

The Financial Crimes Enforcement Network released new guidance on the Patriot Act Section 314(b) information sharing program, FinCEN Director Kenneth ...

ABA urged the Federal Reserve and the Financial Crimes Enforcement Network today to withdraw a proposed rule that would reduce ...

In a comment letter to the Financial Crimes Enforcement Network today, ABA urged FinCEN to conduct a “thorough and reflective ...

n a letter to the Financial Crimes Enforcement Network today, the American Bankers Association emphasized that “focusing on effectiveness and ...

Consolidation over the last several decades has led to disparate sources of raw data locked up in legacy systems and ...

Banks filed more than 64,000 Suspicious Activity Reports referencing COVID-19 and related stimulus programs—about 71% of all coronavirus-related SAR filings, ...

The Financial Crimes Enforcement Network is seeking public feedback on potential changes to the Bank Secrecy Act that would enhance ...