FinCEN
FinCEN is the U.S. Treasury bureau that administers the Bank Secrecy Act and collects and analyses financial intelligence.
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North America
FinCEN Seeks Whistleblower Tips on Iran-Related Illicit Finance Under Operation Economic Outcast
FinCEN has issued a whistleblower bulletin seeking information on Iran-related illicit finance, including potential BSA and U.S. sanctions violations involving Iranian proxies and facilitators outside…
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Financial Crime
FinCEN Identifies $17.5 Billion in Suspicious Activity Linked to Health Care Fraud
FinCEN analyzed 5,702 Bank Secrecy Act reports and identified about $17.5 billion in suspicious activity potentially linked to health care fraud, highlighting laundering patterns, provider…
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Compliance Practice
US Regulators Clarify Use of Mobile Digital IDs for Customer Identification
U.S. financial regulators have clarified how banks and other covered financial institutions may use mobile driver’s licences and other verifiable digital credentials when verifying the…
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Compliance Practice
FinCEN Flags Iranian Commercial Aviation Procurement Networks and Sanctions-Evasion Risks
The U.S. Financial Crimes Enforcement Network has issued an alert warning financial institutions about Iranian efforts to procure aircraft, components and related services for the…
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Events & Training
2026 BSA/AML Gaming Conference to Focus on Enforcement, Sanctions and Emerging Casino Risks
The 2026 Annual BSA/AML Gaming Conference will bring casino compliance professionals, regulators and law-enforcement officials to Planet Hollywood Las Vegas Resort & Casino from September…
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Crypto
FinCEN Links Nearly $13 Billion to Suspected Digital Asset Investment Scams
The U.S. Financial Crimes Enforcement Network (FinCEN) on September 3, 2026 published a Financial Trend Analysis and an alert to financial institutions on digital asset…
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Banking
US Agencies Clarify Banks Can Discuss Suspicious Transactions Without Revealing SAR Filings
FinCEN, the Federal Reserve, FDIC, NCUA and Office of the Comptroller of the Currency on September 2, 2026 issued a joint statement clarifying how banks…
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North America
FinCEN Reissues Southwest Border GTO for $1,000–$10,000 Cash Transactions at Money Services Businesses
The U.S. Financial Crimes Enforcement Network (FinCEN) on September 2, 2026 reissued a Geographic Targeting Order (GTO) requiring certain money services businesses along the U.S.…
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North America
FinCEN Finalizes Broad Beneficial Ownership Reporting Exemption for U.S. Companies
The U.S. Financial Crimes Enforcement Network (FinCEN) has finalized a rule permanently removing beneficial ownership information (BOI) reporting requirements for U.S. companies and U.S. persons…
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Compliance Practice
FinCEN Imposes Record $125 Million BSA Penalty on UBS Financial Services
FinCEN has imposed a $125 million civil money penalty on UBS Financial Services Inc. for willful violations of the Bank Secrecy Act. The penalty is…
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