FinCEN

Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
June 06, 2022  |  Regulation

Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to...

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FinCEN Proposes Rulemaking to Add No-Action Letter Enforcement Tool
FinCEN Proposes Rulemaking to Add No-Action Letter Enforcement Tool
June 06, 2022  |  Regulation

The Financial Crimes Enforcement Network (FinCEN) on Friday (June 3) issued an Advance Notice of Proposed Rulemaking (ANPRM) relating to the implementation of a no-action...

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Crypto Regulation Weekly: TerraUSD’s Collapse Raises Alarms Worldwide
Crypto Regulation Weekly: TerraUSD’s Collapse Raises Alarms Worldwide
May 19, 2022  |  Cryptocurrency

The 800-pound gorilla in any conversation about crypto regulation this week was the $45 billion de-pegging and collapse of the TerraUSD stablecoin. Get the Full...

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FinCEN Looks to Turn Tech Sprint Proposals Into Regulatory Actions
FinCEN Looks to Turn Tech Sprint Proposals Into Regulatory Actions
May 06, 2022  |  Regulation

For a few weeks in April, experts in digital identity from banks, vendors, FinTech, law firms and regulators worked in the Digital Identity Tech Spring to...

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Public-Private Collaboration Crucial to Innovating Digital Identity
Public-Private Collaboration Crucial to Innovating Digital Identity
April 28, 2022  |  Security & Fraud

A few weeks ago, the Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) organized a Tech Sprint, inviting experts from the...

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FinCEN Praised Automated AML Systems, Digital Identity Solutions
FinCEN Praised Automated AML Systems, Digital Identity Solutions
April 08, 2022  |  Regulation

The Financial Crimes Enforcement Network (FinCEN) has intensified its fight against money laundering for the last few years. But in this endeavor, the regulator relies...

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FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
April 01, 2022  |  AML

The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering (AML) violations in just 14 months (from January 2021...

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FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
March 30, 2022  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. Get the Full Story Complete the form...

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FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
March 17, 2022  |  Bank Regulation

The Financial Crimes Enforcement Network (FinCEN) has announced a $140 million civil money penalty against USAA Federal Savings Bank for “willful violations” of the Bank...

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