Two recent developments signal that momentum is building in Washington to recalibrate Bank Secrecy Act (BSA) reporting to produce ...

On December 23, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit issued an order in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al. staying the nationwide ...

Reporting companies may continue to voluntarily file beneficial ownership information (BOI) reports while the Corporate Transparency Act (CTA), P.L. 116-283, is on hold, the Financial Crimes ...

FinCEN now confirms that the presence of transactions close to the threshold is not, in itself, sufficient to warrant a SAR.

The Financial Crimes Enforcement Network (FinCEN) will consider changes to the beneficial ownership information (BOI) reporting requirements if a court grants the government’s request for a stay of a ...

The Treasury Department's Financial Crimes Enforcement Network has extended the deadline for beneficial ownership information reporting after an injunction against it was lifted by a federal appeals ...

After nearly a year of back and forth amid legal challenges, a U.S. District Court in Texas has lifted an injunction that will now allow the U.S. Department of Treasury’s Financial Crimes Enforcement ...

The Bank Secrecy Act (BSA) program requirements are going to change. On June 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rule Making (NPRM) to strengthen ...

FNF filed its lawsuit against FinCEN and the Treasury in May 2025. The suit challenges FinCEN’s anti-money laundering rule, which requires title firms to report specific details on all-cash home ...

AMSTERDAM, Sept 23 (Reuters) - ING Group NV on Wednesday hit back at reports citing the "FinCEN Files," that said a Polish ING subsidiary had altered the name of a Russian sender on sanctions ...

While all eyes have been focused on the Corporate Transparency Act (CTA), the Financial Crimes Enforcement Network (FinCEN) has issued a final rule (the rule) that requires the reporting of beneficial ...