Tag: Know your customer

As the Financial Crimes Enforcement Network works to implement the Corporate Transparency Act—an ABA-advocated provision of the Anti-Money Laundering Act ...

Banks should have a step-by-step plan on how to handle cyber-attacks, including securing whatever data possible and quickly notifying law ...

In response to the Financial Crimes Enforcement Network’s proposed rule for a beneficial ownership registry, ABA said today in a ...

As FinCEN works to create a long-awaited database of beneficial ownership information—a key provision of the Anti-Money Laundering Act of ...

Banks that embrace innovation and harness the power of data and new technology—while remaining focused on customer service basics—will be ...

The FDIC and the Financial Crimes Enforcement Network today announced a “tech sprint” to develop solutions for banks and regulators ...

As international regulators work to enhance cross-border payments, the World Bank and the International Monetary Fund today proposed a framework ...

As the Financial Crimes Enforcement Network prepares to create a new beneficial ownership registry, ABA made several recommendations that should ...

Recent legislative changes will keep banks’ Bank Secrecy Act officers busy for years to come. Here’s a CEO’s-eye view of ...

The Financial Crimes Enforcement Network’s Director of the Office of Regulatory Policy Barry Emmert today previewed the implementation process for ...