by AdrianaAMLP | Feb 5, 2024
FinCEN and law enforcement representatives highlighted the significant value that suspicious activity reports contribute to law enforcement efforts to combat fentanyl trafficking. They also shared views on ways the financial industry can further increase the...
by Jyotsna Bucktowar | Feb 5, 2024
FinCEN and the US Treasury Department have had over three years to propose rules for the AML Whistleblower Program; this delay is undermining a critical tool in the United States’ anti-corruption efforts…
by AdrianaAMLP | Feb 1, 2024
While the alert highlights the potential involvement of certain nonprofit organizations (NPOs) in facilitating payments to fund violence in the West Bank, FinCEN continues to emphasize that legitimate charities should have access to financial services and can transmit...
by AdrianaAMLP | Jan 13, 2024
Companies that are required to comply (“reporting companies”) must file their initial reports by the following deadlines: Existing companies: Reporting companies created or registered to do business in the United States before January 1, 2024 must file by January 1,...
by AdrianaAMLP | Jan 12, 2024
This report reveals the existence of significant identity-related exploitations through a large variety of schemes,” said FinCEN Director Andrea Gacki. “Robust customer identity processes are foundational to the security of the U.S. financial system, and critical to...
Recent Comments