A recent federal policy shift would require many casinos to rethink their anti-money laundering compliance programs. On April ...

On April 7, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Press Release ...

Legal experts say the Trump administration is increasingly focused on prosecuting crimes only after the damage is done rather than enforcing Bank Secrecy Act regulations and other compliance-based ...

Fincen just proposed the most significant reform to AML compliance in a generation, but its reporting forms are still broken.

The Bank Secrecy Act (BSA) program requirements are going to change. On June 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rule Making (NPRM) to strengthen ...

The Anti-Money Laundering Act of 2020 (AMLA) is the most significant anti-money laundering (AML) legislation since the USA PATRIOT Act was enacted twenty years ago. It contains important provisions ...

King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

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Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. This voice experience is generated by AI. Learn more. This ...

In 2026, AI in finance has shifted from pilot projects to core infrastructure, driven by regulatory changes such as FinCEN’s AML overhaul and the Federal Reserve’s stress test requirements.

The Office of the Comptroller of the Currency assessed a $70 million civil money penalty against Citibank for failing to comply with the agency’s 2012 consent order related to Bank Secrecy Act and ...