FinCEN penalty against USAA Federal Savings Bank

USAA FSB admitted that it willfully failed to implement and maintain an AML program that met the minimum requirements of the BSA and failed to accurately and timely report thousands of suspicious transactions to FinCEN involving suspicious financial...

Argentina includes crypto firms in AML regulations

Argentina’s ML regulator is working to add service providers in the cryptocurrency ecosystem to its list of entities subject to reporting and recording customer transactions. Crypto firms will have to implement KYC procedures and report suspicious transactions...