United States Department of the Treasury Financial Crimes Enforcement Network | FinCEN.gov

Time 2020-11-23 19:04:17

Web Name: United States Department of the Treasury Financial Crimes Enforcement Network | FinCEN.gov

WebSite: http://www.fincen.gov

ID:125167

Keywords:

of,the,Treasury,

Description:

Agencies Invite Comment on Proposed Rule under Bank Secrecy ActOctober 23, 2020The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board today invited comment on a proposed rule that would amend the recordkeeping and travel rule regulations under the Bank Secrecy Act.  FinCEN and the Board, pursuant to their shared authority, are proposing amendments to the recordkeeping rule jointly, while FinCEN, pursuant to its sole authority, is proposing amendments to the travel rule.  FinCEN and Federal Banking Agencies Clarify BSA Due Diligence Expectations for Charities and Non-Profit CustomersNovember 19, 2020WASHINGTON—In coordination with the Federal Banking Agencies, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a joint fact sheet to provide clarity to banks on how to apply a risk-based approach to charities and other non-profit organizations (NPOs). FinCEN Holds Virtual FinCEN Exchange on RansomwareNovember 12, 2020WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today convened a virtual FinCEN Exchange with representatives from financial institutions, technology firms, third-party service providers, and federal government agencies to discuss growing concerns regarding ransomware, as well as the efforts to curtail it.  Topics discussed included ransomware detection and reporting, emerging trends and typologies, and recovery of victims' funds. Financial InstitutionsResources for Financial InstitutionsNeed AssistanceConnect with FinCENInternationalFinCEN is the U.S. Financial Intelligence UnitStatutes RegulationsInformation on U.S. Anti-Money Laundering and Counter-Terrorism Financing RegulationsValue of FinCEN DataFinCEN Data Has Played a Significant Role in Successful ProsecutionsLaw EnforcementFinCEN Supports Local, State, Federal, and International Law Enforcement Investigations

TAGS:of the Treasury 

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