Our extensive knowledge at your fingertips
United States
This section covers AML/CTF initiatives by the US Treasury, US DoJ, OCC, FinCEN, SEC and other related US organisations.
USA PATRIOT ACT 2001
Bank Secrecy Act AML Statutes & Regulations
Internal Revenue Service FATCA updates
US Department of the Treasury updates
US Department of Justice Enforcement actions
Department of State’s International Narcotics Control Strategy Reports
Office of the Comptroller of the Currency
Financial Crime Enforcements Network (FinCEN) updates
Securities and Exchange Commission enforcement actions
Financial Industry and Regulatory Authority updates
And many more…
Sections
Latest editions
Search
Topics
- Topics
- Accountability
- AML/CTF
- AML/CTF compliance programme
- Anti-corruption
- Artificial intelligence
- Asset Recovery
- Beneficial Ownership
- Biodiversity
- Blockchain
- Bribery & Corruption
- Bribes
- CDD
- Complex structures
- Confiscation & Freezing
- conflict minerals
- Conflict of Interest
- Correspondent Banking
- Corruption
- Counterfeiting
- Crime
- Cross-border finance
- Cryptoassets
- Cryptocurrencies
- Cybercrime
- Data Protection
- Deepfakes
- Democracy
- Digital assets
- Digitalisation
- Drug Trafficking
- EDD
- Enforcement
- Environmental crime
- ESG
- Ethics
- EU ML Directive
- FCPA
- Financial Crime
- Financial Inclusion & Literacy
- Financial Sanctions
- Fines & Enforcements
- FinTech
- FIU
- Fraud
- Gambling
- Greenwashing
- Human Rights
- Human Trafficking
- Illicit Finance
- Illicit Trafficking
- Information Sharing
- Integrity
- Intellectual property
- Investigations
- kleptocracy
- KYC
- Land justice
- Machine Learning
- market manipulation
- Modern Slavery
- Money Laundering (ML)
- NPOs
- Offshore
- OHCHR
- Onboarding
- Organised crime
- Other
- Payments
- PEPs
- Proliferation
- Proliferation of WMD
- Public Officials
- Ransomware
- RegTech
- Risk
- robotics
- Sanctions
- Senior Managers & Certification Regime (SMCR)
- Shell Companies
- Source of wealth & funds
- Stablecoins
- Supervision
- Suspicious Activity Reports (SARs)
- Suspicious Transaction Reports (STRs)
- Tax
- Tax Evasion
- Technology
- Terrorist Financing
- Trade Finance
- Trafficking
- Transaction Monitoring
- Transfers
- Transnational crime
- Transparency
- Travel
- Unexplained Wealth Order
- Virtual Assets
- Virtual currencies
- Whistleblowing
- Wildlife crime
Industry
Organisation
- Organisation
- ABA
- AFA
- AFME
- Afripol
- AMLA
- AMLP
- APPG
- ASC
- Asia Pacific Group on Money Laundering
- ASIC
- Atlantic Council
- AUSTRAC
- Austria FMA
- B20
- BAFIN
- BAFM
- Bank of England
- Basel
- BGC
- BIS
- BMA
- BoIJ
- CBUAE
- CCAF
- CFATF
- Charity Commission
- Chatham House
- City of London Police
- CMA
- Companies House
- Corruption Watch
- Council of Europe
- Council of the EU
- CPA
- CPS
- CSSF
- DEA
- Department of Business
- DFSA
- DIT
- DRCF
- EBA
- EBF
- ECB
- EFCC
- EGBA
- Egmont Group
- EPPO
- ESA
- ESAAMLG
- ESMA
- EUDA
- Eurojust
- EuroPAM
- European Anti-Fraud Office (OLAF)
- European Commission
- European Council
- European Parliament
- European Union (EU)
- Europol
- FATF
- FBI
- FCA
- FCDO
- FCO
- FDIC
- Federal Reserve
- Fenergo
- FFIS
- FIAU
- FinCEN
- FINMA
- FINRA
- FINTRAC
- FIU
- FIU-IND
- FRA
- FSA / FCA
- FSB
- FSC
- FSMA
- G20
- G7
- GABAC
- GAFILAT
- Gambling Commission
- GASA
- GCFCC
- GFI
- GI-TOC
- GIABA
- Global Initiative
- Global Integrity
- Global Witness
- GRECO
- GRETA
- HKMA
- HKSFC
- HM Treasury
- HMCPSI
- HMRC
- Home Office
- House of Commons
- House of Lords
- ICAEW
- ICC
- ICE
- ICIJ
- ICO
- IDB
- IMF
- IMLIT
- Insurance Europe
- Interpol
- IOM FSA
- IPO
- ISO
- J5
- JFSC
- JMLSG
- KoFIU
- KSA
- Law Commission
- Law Society
- MAS
- MENAFATF
- Met Police
- MONEYVAL
- NAO
- NASC
- Nasdaq Verafin
- Nature Needs More
- NCA
- NECC
- NED
- Netherlands FIOD
- Nice Actimize
- NYDFS
- OAG
- OCC
- OCCRP
- OECD
- OFAC
- OFSI
- OLAF
- OPBAS
- OSCE
- Other
- OTSI
- PNF
- PRA
- project CRAAFT
- PSR
- PwC
- RBI
- RUSI
- Sayari
- SEBI
- SEC
- SEPA
- SFO
- Singapore Police Force
- Spotlight on corruption
- SRA
- Sweden FI
- Swiss Federal Council
- Swiss OAG
- Tax Justice Network
- TFG
- TRACE
- TRACFIN
- Traffic
- Transparency International
- TRNC
- TRP
- UK Border Force
- UK Finance
- UK Govt
- UK Police Foundation
- UKACC
- UKPI
- UN
- UNODC
- US BIS
- US DEA
- Us DoC
- US DoJ
- US DoS
- US Govt
- US Sec
- US Senate
- US Treasury
- USAID
- VISA
- Wall Street Journal
- WCO
- White House
- Wolfsberg
- World Bank
Jurisdiction
- Jurisdiction
- Afghanistan
- Andorra
- Asia
- Australia
- Austria
- Belarus
- Belgium
- Berlin
- Bermuda
- Botswana
- Brazil
- Bulgaria
- Canada
- Cayman Islands
- China
- Colombia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- EU
- Finland
- France
- Germany
- Ghana
- Gibraltar
- Global
- Greece
- Guernsey
- Hong Kong
- India
- Iran
- Ireland
- Isle of Man
- Israel
- Japan
- Jersey
- Kenya
- Lithuania
- Luxembourg
- Malaysia
- Malta
- Mauritiania
- Mexico
- Middle East
- Monaco
- Myanmar
- Netherlands
- New Zealand
- Nigeria
- North Korea
- Norway
- Other
- Poland
- Romania
- Russia
- San Marino
- Singapore
- Slovakia
- Slovenia
- South Africa
- Spain
- Sudan
- Sweden
- Switzerland
- Turkey
- UAE
- UK
- Ukraine
- Uruguay
- US
- Uzbekistan
- Venezuela
- Vietnam
US DoJ convicts Tornado Cash co-founder for operating an unlicensed crypto mixer that laundered over $1Bn in illicit funds, including transactions linked to North Korea
This high-profile case underscores the growing role that crypto mixers can play in facilitating large-scale money laundering by providing criminals with the ability to obscure the origins of illicit funds. According to prosecutors, Storm knowingly operated Tornado Cash as an unlicensed money transmitting business, profiting from transactions that included proceeds from high-profile cybercrimes such as the Ronin hack attributed to the North Korean…
FinCEN alerts FIs of increasing misuse of convertible virtual currency (CVC) kiosks for scam payments and illicit activity, highlighting red flags and BSA reporting obligations
The notice highlights how these kiosks, while convenient for legitimate users, are increasingly exploited by scammers and other illicit actors, including those involved in cybercrime and drug trafficking. FinCEN emphasizes the importance of identifying red flags, such as unusual transaction patterns or attempts to circumvent reporting requirements, and reminds institutions of their obligations under the Bank Secrecy Act (BSA)…
US SEC launches an AI Task Force to embed responsible AI in its regulatory and enforcement functions – boosting innovation, accuracy, fraud detection, and predictive analytics through unified strategies
This initiative represents a significant shift toward integrating advanced artificial intelligence technologies into regulatory processes, enhancing the SEC’s ability to identify and respond to complex financial crimes more efficiently and accurately. By centralizing AI efforts and fostering collaboration across divisions, the task force will not only streamline internal operations but also set a new standard for responsible and effective AI governance…
US SEC’s Crypto Task Force hosts roundtables nationwide to engage directly with early-stage, smaller crypto firms – bringing fresh voices into the regulatory dialogue
By gathering insights from startups with limited resources and experience, the SEC aims to develop more effective, tailored regulations that address AML and compliance challenges specific to the evolving crypto landscape. This initiative reflects a broader effort to enhance transparency, foster constructive dialogue, and strengthen oversight at the grassroots level, ultimately helping to prevent fraud, ML…
US President’s WG on Digital Asset Markets unveils bold plans to make US the crypto capital – backing CFTC oversight, stablecoin rules, a CBDC ban, sharper AML rules and tax reforms to drive innovation
The mission of the President’s Working Group on Digital Asset Markets is to develop a cohesive and forward-looking regulatory framework that promotes responsible innovation in digital financial technologies. It is also tasked with enhancing the United States’ strategic position in global digital finance through coordinated oversight, risk management, and the establishment of national digital asset reserves…
US Senators introduce the Art Market Integrity Act to close major AML/CFT gaps in the $25B art market, requiring dealers handling sales over $10K- $50K yearly to vet clients and report suspicious activity
The Art Market Integrity Act, introduced by Senator Fetterman and colleagues, seeks to extend Bank Secrecy Act requirements to high-value art transactions, including customer due diligence, recordkeeping, and suspicious activity reporting. By closing existing regulatory gaps, the bill aims to reduce vulnerabilities in the U.S. art market exploited by sanctioned individuals, kleptocrats, and terrorist financiers, aligning U.S. standards with international best practices…
FinCEN delays its Investment Adviser AML Rule’s effective date from 2026 to 2028, aiming to refine anti-illicit finance measures while easing compliance for firms with diverse risk profiles
On July 21, 2025, the U.S. Department of the Treasury’s FinCEN announced a delay in the effective date of the Investment Adviser AML Rule—from January 1, 2026 to January 1, 2028—while committing to review the rule’s scope to ensure it accounts for the varied business models and risk profiles in the IA sector. During the postponement, FinCEN, together with the SEC, plans to issue exemptive relief and revisit related proposed customer identification requirements, aiming to provide clarity and reduce regulatory uncertainty…
President Trump signs the GENIUS Act marking a milestone in digital asset regulation, establishing a robust stablecoin framework that boosts U.S. crypto innovation and strengthens FC safeguards
Key provisions include mandatory 100% reserve backing with liquid assets such as U.S. dollars or short-term Treasuries, monthly public disclosures of reserve compositions, and strict marketing rules to prevent misleading claims about government backing. The Act also subjects stablecoin issuers to the Bank Secrecy Act, requiring effective anti-money laundering and sanctions compliance programs…
U.S SEC charges a Georgia-based lender and its owner with running a $140M Ponzi scheme that misled around 300 investors by offering high returns on “bridge loans” that largely defaulted
Instead, new investor funds were used to pay earlier investors, while Frost allegedly diverted millions for personal luxuries, rare coins, family vacations, and political donations. The SEC is seeking emergency relief, including asset freezes and the appointment of a receiver. As of late May 2025, the firm held just $2.67 million despite raising $140 million, exposing the scheme’s collapse. This case underscores the SEC’s crackdown on affinity-based frauds that exploit trusted networks and retail investors.
FinCEN extends by 45 days its first cross-border orders against 3 Mexican banks tied to fentanyl ML, blocking U.S. transactions and urging swift reforms or face steep penalties
The extension, now pushing the compliance deadline to September 4, 2025, follows progress by Mexican regulators who have temporarily taken control of these banks to strengthen anti–illicit finance measures. While the orders prohibit U.S. institutions from conducting certain transactions with these entities, they stop short of requiring asset freezes or OFAC reporting…
U.S DoJ sentences Myrtle Beach Safari owner Bhagavan “Doc” Antle to 12 months in prison and fining $55K for wildlife trafficking and laundering over $500K tied to a human smuggling scheme
Antle also must forfeit three illegally obtained chimpanzees and serve three years of supervised release. This case exposes the use of fraudulent nonprofit donations to mask illegal wildlife trade and highlights the DOJ’s focus on combating the intersection of environmental crimes and financial fraud. Co-conspirators have also been prosecuted, reinforcing efforts to hold individuals accountable…
U.S. DoJ sentences 3 individuals for a violent scheme to rig the U.S.-Mexico vehicle transit market via price-fixing, extortion, and ML – underscoring its crackdown on cross-border criminal networks
U.S. DoJ announces the sentencing of three defendants involved in a conspiracy to monopolize the international transmigrante transport industry between the United States and Mexico through extortion, violence, and price-fixing. The individuals used threats and assaults to eliminate competition and control pricing, violating antitrust laws and undermining lawful commerce…