Sharing Suspicions
Automated collaboration among financial institutions can help banks, and law enforcement, fight financial crime more efficiently and effectively.
Tag: FinCEN
ABA Supports BSA/AML Requirements for Banks without Federal Regulators
In a letter to the Financial Crimes Enforcement Network today, ABA expressed support for a proposal that would subject banks ...
ABA: Proposed FBAR Changes Would Increase Reg Burden
In a joint comment letter yesterday, ABA and the Securities Industry and Financial Markets Association offered feedback on the Financial ...
Shasky Calvery to Step Down as Director of FinCEN
The Financial Crimes Enforcement Network today announced that Jennifer Shasky Calvery will step down as director at the end of ...
FinCEN Chief Digs Into Cash Real Estate Targeting Orders
Financial Crimes Enforcement Network Director Jennifer Shasky Calvery today shed light on FinCEN’s recently issued Geographic Targeting Orders aimed at ...
Agencies Working with FinCEN on Marijuana Banking Guidance
The federal banking agencies are having discussions with the Financial Crimes Enforcement Network about guidance on how financial institutions can ...
ABA Challenges Cost-Benefit Analysis of Customer Due Diligence Proposal
In a comment letter yesterday, ABA criticized the Financial Crimes Enforcement Network’s recent cost-benefit analysis of its proposed customer due ...
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 ...
FinCEN Chief: Include IP Addresses in SARs
Financial institutions should include IP addresses and other cyber-derived information in the Suspicious Activity Reports they file, Financial Crimes Enforcement ...
