On January 8, the FDIC issued a notice and request for comment in the Federal Register regarding use of a proposed survey to ...

Earlier this month, the New York State Department of Financial Services (“DFS”) and the Federal Reserve Board of Governors (“FRB”) announced settlements with the Industrial and Commercial Bank of ...

King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

VIENNA, VIRGINIA - JANUARY 8: U.S. Treasury Secretary Janet Yellen speaks to reporters following a tour at one of the Financial Crimes Enforcement Network (FinCEN) locations on January 8, 2024 in ...

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We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA). Recent rules and guidance focus on easing burdens, like removing beneficial ...

Bank of America (BofA) avoided a monetary penalty in agreeing to settle charges with the Treasury Department’s Office of the Comptroller of the Currency (OCC) but was ordered to shore up previously ...

TD Bank disclosed in a shareholder report Thursday it is facing regulatory investigations regarding its Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program. The bank said it is ...

A Maitland, Florida bank has agreed to revamp its money laundering oversight program after being cited by the Office of the Comptroller of the Currency. Processing Content Axiom Bank entered into a ...

This year's event features presentations from some of the most influential figures in financial crime enforcement and policy: Guy Ficco, Chief of IRS-Criminal Investigation (CI), who oversees a global ...

LAS VEGAS, Aug. 2, 2023 /PRNewswire/ -- The BSA-AML Compliance Group is proud to return to Las Vegas in September to host a conference featuring the leading experts in anti-money laundering compliance ...