June marked the six-month milestone for the implementation of the Corporate Transparency Act (CTA)—the landmark anti-money laundering law requiring beneficial ownership reporting for U.S. companies ...

FNF argues that FinCEN’s AML rule for cash home sales is arbitrary and costly, objecting to a magistrate’s favorable report for FinCEN.

The DOJ and FinCEN reached resolutions with Paxful, a US-based virtual currency trading platform, over Bank Secrecy Act and AML ...

The amendment, codified under document number 2025-24184, alters the Anti-Money Laundering/Countering the Financing of ...

Notably, the Proposed Rule would not require Covered Advisers to implement a customer identification program (“CIP”), under which banks and broker-dealers are required to collect and document certain ...

As Yogi Berra said “It's déjà vu all over again!” Now FinCEN has again deferred filing requirements under the Corporate Transparency Act. Here’s what FinCEN just announced: “In light of a recent ...

ROCK HILL, SC / ACCESSWIRE / December 26, 2024 / Recent regulatory changes have brought significant updates to the reporting obligations for companies filing beneficial ownership information with ...

(Reuters) - Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and other media reported on ...

A bureau of the Department of Treasury is warning that deepfakes are playing a larger role in fraud that targets banks and credit unions. Processing Content The Financial Crimes Enforcement Network ...

Tornado Cash developer Roman Storm's defense cited the same set of FinCEN documents used by the Samourai Wallet developers' legal team. Attorneys for Tornado Cash developer Roman Storm filed a motion ...