Until recently, many attorneys had never heard of FinCEN—the Financial Crimes Enforcement Network of the U.S. Treasury. FinCEN was formed soon after the 1970 Bank Secrecy Act, one of Congress’ first ...

On April 7, 2026, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (NPRM) designed to reform anti-money laundering (AML) and ...

November 11, 2024 - Everyone would agree that money laundering by terrorists, enemy nations, and other bad actors is a problem that the government should try to control. With just such intentions, the ...

In an effort to curb money laundering in residential real estate transactions, the Financial Crimes Enforcement Network (“FinCEN”) enacted ...

In the interim final rule, FinCEN revised the definition of "reporting company" in its implementing regulations to mean only those entities that are formed under the law of a foreign country and that ...

The Financial Crimes Enforcement Network has formally postponed the compliance deadline for its anti-money-laundering and counter-terrorist financing rules applicable to registered investment advisors ...

The director of the Financial Crimes Enforcement Network told a congressional subcommittee that she’s “very optimistic” that ...

Laurel Loomis Rimon examines the new rules recently issued by the Financial Crimes Enforcement Network aimed at countering money laundering and the financing of terrorism, which were made public on ...

The Federal Reserve has proposed a new rule to modernize anti-money laundering (AML) oversight for banks, aiming to streamline enforcement.

The Treasury Department has finalized new regulations extending anti-money-laundering measures to certain investment advisers, though it’s made concessions on some requirements after pushback from the ...

WASHINGTON — The Treasury's Financial Crimes Enforcement Network, or Fincen, finalized rules Wednesday requiring industry professionals to report risky non-financed transfers of residential real ...