Tags FinCEN

Tag: FinCEN

Industry responses to the US’ new Anti-Money Laundering Act 2020

The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.

FinCEN slams Capital One with $390m fine for “egregious” AML breaches

FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.

US regulators attempt to make it easier for banks to tackle...

Major US financial markets watchdogs have issued a joint fact sheet to make it easier for banks to tackle risks when it comes to charities and non-profit organisations.

Bitget makes big step in its goal of launching in the...

Cryptocurrency exchange Bitget reaches next milestone in its expansion to the US market after completing the registration with the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN).

US regulatory bodies issue statement on digital assets

US regulators have come together to issue a joint statement reminding those engaged with digital asset to meet anti-money laundering (AML) and counter financing terrorism (CFT).

FinCEN releases guidance around virtual currency businesses

The US’ Financial Crimes Enforcement Network (FinCEN) has issued guidance around regulatory requirements of virtual currencies.

FinCEN fines Bitcoin trader $35,000 for AML and BSA breaches

The US’ Financial Crimes Enforcement Network (FinCEN) has fined a Bitcoin trader $30,000 for breaching the Bank Secrecy Act’s (BSA) registration, program, and reporting requirements.

Find out how a risk-based approach to cybersecurity can reduce costs and increase compliance

Last year large-scale breaches increased by 300%

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 25% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week