Financial Crimes Enforcement Network (FinCEN)

The United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) launched the “FinCEN Exchange” program today in order to enhance information sharing with financial institutions and
Continue Reading FinCEN Launches “FinCEN Exchange” to Enhance Information Sharing With Financial Institutions

Today the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced that it had fined a California card club, Artichoke Joe’s Casino, $8 million for numerous willful violations of the Bank
Continue Reading California Card Club Plagued by Allegations of Criminal Activity Fined $8 Million for AML Violations

Today the U.S. Department of the Treasury announced Kenneth A. Blanco as Director of the Financial Crimes Enforcement Network (FinCEN), a bureau in Treasury’s Office of Terrorism and Financial
Continue Reading With Another Veteran Criminal Prosecutor at FinCEN’s Helm, Aggressive AML Enforcement Expected To Continue

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an advisory to alert financial institutions of widespread public corruption in Venezuela and the methods Venezuelan senior political figures and
Continue Reading FinCEN Warns U.S. Financial Institutions of Venezuelan Money Laundering Threat

This article is Part II of a series in which we address the U.S. government’s attempts to combat money laundering in real estate transactions. Part I is available here.
Continue Reading Complying with FinCEN’s Revised GTOs: What Real Estate Professionals Need to Know About Anti-Money Laundering

This article is Part I of a series in which we address the U.S. government’s attempts to combat money laundering in real estate transactions.

This week the Treasury Department’s Financial
Continue Reading FinCEN’s Revised GTOs Expand Real Estate Money Laundering Crackdown to Hawaii, Close “Wire Transfer” Loophole