The Financial Crimes Enforcement Network (FinCEN) is a regulatory agency created to enforce money laundering rules and laws.

On 11/13/24, FinCEN issued an alert aimed at assisting financial institutions in recognizing fraudulent schemes linked to the utilization of deepfake media generated by generative artificial ...

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 ...

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

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 ...

(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 ...

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 ...

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 ...

Stewart’s first-to-market service offering is backed by a new technology platform in response to FinCEN Anti-Money Laundering Rule In response to FinCEN’s new Anti-Money Laundering Rule (AML), for ...

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 ...