Tag: Suspicious Activity Reports

While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a ...

The Financial Crimes Enforcement Network today issued an advisory alerting financial institutions to imposter scams and money mule schemes connected ...

The Financial Crimes Enforcement Network today issued guidance for financial institutions on how they can conduct due diligence on hemp-related ...

Bank Secrecy Act reporting institutions annually spend roughly $206 million and 5.4 million hours of work investigating, evaluating cases and ...

The Financial Crimes Enforcement Network today recognized several state and federal law enforcement agencies for their work using information reported ...

The Financial Crimes Enforcement Network today issued an advisory on medical scams related to the coronavirus pandemic—the first in a ...

Two challenges for today's anti-money laundering professionals: focusing on high-value functions and eliminating false positives that consume unnecessary resources. Nicholas ...

After Senate Banking Committee Chairman Mike Crapo (R-Idaho) raised concerns last month about the ABA-supported SAFE Banking Act, ABA today ...

The relationship between anti-money laundering professionals and law enforcement has never been more important. AML professionals can follow these practical ...

…and more insights from ABA’s Regulatory Compliance and Policy Inbox in the latest issue of the ABA Banking Journal.