FinCEN issues guidance on cross-border payments, charities
FinCEN issued an alert on identifying and reporting suspicious activity tied to cross-border payments and a notice for financial institutions ...
Tag: Suspicious Activity Reports
FinCEN identifies alleged student aid fraud following alert
FinCEN has identified more than $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs, ...
FinCEN issues alert on religious charities allegedly tied to Iran
FinCEN issued an alert to help financial institutions identify and report what the agency says is potential Iranian abuse of ...
Pirro urges bankers to work closely with law enforcement to stop scams
U.S. District Attorney for D.C. Jeanine Pirro urged bankers to be “proactive” and work closely with law enforcement to fight ...
FinCEN issues alert on Iran, commercial aviation parts procurement
FinCEN issued an alert for financial institutions on identifying and reporting procurement networks supporting Iran’s aviation industry. The alert was ...
Agencies issue guidance about customer communications, suspicious activity reports
FinCEN and the banking agencies issued a joint statement clarifying that confidentiality requirements related to suspicious activity reports do not ...
FinCEN: Financial institutions flagged nearly $5B linked to suspected human smuggling
While depository institutions filed only 3% of BSA reports on possible human smuggling, their reports accounted for approximately 61%, or ...
FinCEN issues alert on fuel smuggling schemes linked to Mexican cartels
FinCEN issued a supplemental alert for financial institutions on suspicious activity connected to Cartel de Jalisco Nueva Generacion and other ...
New executive orders target banks and citizenship, nonbank access to Fed services
President Trump signed an executive order directing regulators to provide guidance to financial institutions on identifying suspicious activity allegedly tied ...
FinCEN issues advisory for financial institutions on Medicare, Medicaid fraud
FinCEN issued a financial institution advisory on red flags related to alleged fraudulent healthcare schemes targeting Medicare, Medicaid, and other ...
