Notices and information from other, related federal agencies of interest (FinCEN, etc.)
An alert about fraud schemes abusing the name, insignia, and authorities of Treasury’s financial crimes enforcement unit for financial gain was issued this week to warn corporations, money services businesses and financial institutions and urge […]
Nearly half of the loans made through emergency lending programs of the Federal Reserve in response to the coronavirus crisis in 2020 have been repaid, according to a report issued Thursday by the congressional watchdog. […]
Raising the threshold of $10,000 for reporting large cash transactions – or expanding criteria to allow for further exemption from reporting – is among recommendations made in a report by the congressional watchdog, issued Wednesday. […]
Fourteen financial vulnerabilities for U.S. financial stability – similar to those noted a year ago, with some having evolved “in consequential ways” – and recommendations for addressing each are detailed in the 2024 annual report […]
Treasury’s financial crimes enforcement unit will accept nominations of eligible organizations to its Bank Secrecy Act Advisory Group (BSAAG) by Jan. 6, according to a notice in Thursday’s Federal Register. The BSAAG advises the Treasury […]
The latest update for reporting anti-redlining lending data is now available, the umbrella group for federal financial institution regulators said Thursday. According to the Federal Financial Institutions Examination Council (FFIEC), release 2 for the version […]
Examples of risk management and other practices that may be effective in combatting elder financial exploitation were issued in a joint statement Wednesday by the five federal financial institution regulators, state regulators and the federal […]
The process for escalating supervisory concerns at banks and other regulated institutions has weaknesses that should be addressed, according to a report issued Tuesday. The Government Accountability Office (GAO) said bank failures in 2023 “raised […]
A final rule aimed at providing a “sharper scalpel” of penalty and enforcement provisions to rules governing foreign investment in the United States was issued Monday by the Treasury Department, the agency said. The rule […]
An alert to help financial institutions identify fraud schemes targeting them and that are associated with the use of deepfake media created with generative artificial intelligence (GenAI) tools was issued Wednesday by Treasury’s financial crimes […]
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