FinCEN

FinCEN Joins Multi-National Task Force on Russian-Related Finance, Sanctions
FinCEN Joins Multi-National Task Force on Russian-Related Finance, Sanctions
March 16, 2022  |  Fraud Prevention

The Financial Crimes Enforcement Network (FinCEN) announced Wednesday (March 16) that it will be supporting the Russian Elites, Proxies and Oligarchs (REPO) Task Force, which...

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US Treasury Dept. Warns of Possible Evasions of Russian Sanctions
US Treasury Dept. Warns of Possible Evasions of Russian Sanctions
March 07, 2022  |  Legal

The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge...

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FinCEN Deputy Director Touts AML Improvements
FinCEN Deputy Director Touts AML Improvements
March 03, 2022  |  AML

AnnaLou Tirol, deputy director of money laundering and terrorist financing watchdog Financial Crimes Enforcement Network (FinCEN), on Thursday (March 3) told attendees at AML Intelligence’s...

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A Rule to Require Crypto Exchanges to Collect Customer Data Under Consideration Again
A Rule to Require Crypto Exchanges to Collect Customer Data Under Consideration Again
January 31, 2022  |  Cryptocurrency

A controversial plan by the U.S. Financial Crimes Enforcement Network (FinCEN) that would enforce know-your-customer rules on crypto wallets may be under consideration for the...

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FinCEN: Wildlife Trafficking  Is on the Rise
FinCEN: Wildlife Trafficking  Is on the Rise
December 20, 2021  |  Security & Fraud

The nation’s top money laundering and terrorist financing watchdog reported wildlife trafficking threats are on the rise. The Financial Crimes Enforcement Network (FinCEN), a division...

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Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
December 15, 2021  |  Security & Fraud

Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes.  Dikshit reportedly made bets ahead of the Goldman Sachs acquisition of FinTech...

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FinCEN Proposes Rule to Fight Illicit Finance, Boost Corporate Transparency
FinCEN Proposes Rule to Fight Illicit Finance, Boost Corporate Transparency
December 07, 2021  |  Regulation

The Financial Crimes Enforcement Network (FinCEN) handed down a Notice of Proposed Rulemaking to “implement the beneficial ownership information reporting provisions of the Corporate Transparency...

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FinCEN Warns of Rise in Environmental Crimes
FinCEN Warns of Rise in Environmental Crimes
November 18, 2021  |  Security & Fraud

Wildlife trafficking. Illegal mining. Hazardous substance trafficking. These are all known as environmental crimes, and according to the U.S. Department of the Treasury, they’re on...

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FinCEN Logs $5.2B in Bitcoin Ransomware Transactions Paid in First Half of ’21
FinCEN Logs $5.2B in Bitcoin Ransomware Transactions Paid in First Half of ’21
October 19, 2021  |  Security & Fraud

The U.S. Financial Crimes Enforcement Network (FinCEN) has revealed that more than $5 billion in bitcoin transactions were linked to ransomware payments. As Bitcoin.com noted...

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