The additional budget is to allow FinCEN to respond to the situation in Ukraine, including expenses foreign government personnel to attend meetings and training.
March 18, 2022The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.
March 17, 2022Treasury will leverage its AML expertise to augment human trafficking investigations, and develop advisories to alert FIs to potential red flags.
December 12, 2021International tax reforms were approved by all the G20 leaders ahead of the COP26 summit on climate change in Glasgow which began on Monday.
November 2, 2021Nonfinancial corporations were seeking clarity on alternative rates and help to address difficulties obtaining loan agreements based on SOFR.
August 27, 2021The Treasury has sanctioned 22 more individuals connected to Myanmar's military, while the Department of Commerce added four companies to its Entity List.
July 7, 2021FinCEN will publish new rules within 6 months reflecting the priorities, which identify the most significant AML/CFT threats currently facing the US.
July 6, 2021Banks facilitating transactions involving maritime trade must put in place systems and processes to detect illicit activity that could result in a breach of sanctions regulations.
June 2, 2021The latest sanctions actions cite attacks and human rights violations against the people of Myanmar, including the killing of children.
May 19, 2021The new sanctions target the Myanmar military’s control of significant segments of the country's economy, which is a vital financial lifeline for the military junta.
March 26, 2021