Notices and information from other, related federal agencies of interest (FinCEN, etc.)
U.S. companies and persons will no longer have to report beneficial ownership information (BOI) to Treasury’s Financial Crimes Enforcement Network (FinCEN) under an interim final rule poised to take effect Wednesday. The interim final rule […]
The first meeting of the financial stability oversight group chaired by the new Treasury secretary will be held March 20, the agency announced late Thursday. According to the agency, Treasury Secretary Scott Bessent will preside […]
Treasury’s financial crimes enforcement arm on Tuesday issued a geographic targeting order (GTO) that ramps up currency transaction report (CTR) filing requirements, setting a $200 threshold, for money services businesses (MSBs) along portions of the […]
Changes to the interest-rate risk analysis page of the consolidated financial institution performance report were announced Thursday by the umbrella group for federal regulators. The changes, according to the Federal Financial Institution Examinations Council (FFIEC), […]
Treasury’s financial crimes enforcement unit on Thursday said it has fined Brink’s Global Services USA Inc. $37 million over “willful violations” of the Bank Secrecy Act (BSA) and its implementing regulations in connection with its […]
A former aide to a Tennessee senator will be the U.S. Treasury Department’s top liaison to the federal financial institution regulators, the Treasury secretary said Wednesday. Luke Pettit was named assistant secretary for financial institutions, […]
Twin alerts on “Israeli Extremist Settler Violence Against Palestinians in the West Bank,” published last year, were rescinded Wednesday by the Treasury’s top financial crimes law enforcement unit, which effectively lessens reporting requirements on banks. […]
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. […]
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