‘Financial surveillance’ concerns arise from U.S. Treasury order issued to catch cartel activity
The U.S. government is casting a net across 30 ZIP codes in California and Texas to catch cash transactions connected to ...
Financial Planning1h
Amid regulatory rollback, advisor group seeks to restart AML debate
With the Trump administration pledging to review recently passed federal rules, the Investment Adviser Association wants to ...
Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance
One of President Donald Trump's Day 1 executive orders designated "certain international cartels" as "foreign terrorist ...
Make BOI Report Filing Less Painful With This Service, Now $90 Off
FileForms BOI Report Filing holds your hand through the Beneficial Ownership Information Report filing process.
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
The Desert Review44m
Treasury orders increased financial surveillance in SoCal to combat cartel money laundering
CALIFORNIA– The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) announced March 11, that it has issued a ...
JD Supra6d
FINCEN Filings Terminated
Per the U.S. Treasury Department announcement below, FinCEN is now dead except for some limited foreign entity reporting.
Long Island Business News5d
Feds won’t enforce reporting for LLC and corporate ownership
After several months of back-and-forth court decisions and extended deadlines, the U.S. Treasury Department announced it ...
American Banker3d
Fraud and scams plateaued but got more expensive in 2024
Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the ...
JD Supra2d
FinCEN Geographic Targeting Order Imposes Additional Recordkeeping and Reporting Requirements
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on March 11, 2025, issued a Geographic Targeting Order ...
American Banker5d
FinCEN tightens rules for transactions near the southern border
A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.
Accounting Today12d
BOI reporting will not be enforced
Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.