We previously reported that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) had quietly extended its Geographic Targeting Orders directed at the luxury residential real estate market for another six
Continue Reading FinCEN Remains Mum on Details Regarding New Geographic Targeting Orders
Breaking from its recent practice of making public announcements about Geographic Targeting Orders, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) last month quietly extended its real estate GTOs for
Continue Reading FinCEN Quietly Extends Real Estate Geographic Targeting Orders for Another Six Months
In a recent speech, the Under Secretary of Treasury’s Office of Terrorism and Financial Intelligence (TFI) warned of the growing threats to the U.S. financial system posed by virtual
Continue Reading Treasury Official Warns of Risks to Financial System Posed by Illicit Use of Virtual Currencies
Today the Treasury Department’s Financial Crimes Enforcement Network posted a “FBAR Due Date Clarification” on its website, which confirms that the annual filing deadline for FinCEN Form 114
Continue Reading FinCEN Clarifies Upcoming FBAR Due Date for Calendar Year 2017
The Treasury Inspector General for Tax Administration (TIGTA) has reminded taxpayers to remain on “High Alert” during the coming tax filing season to avoid being scammed by criminals who impersonate
Continue Reading Treasury Inspector General Warns Taxpayers of IRS Impersonators As Tax Filing Season Approaches
Last week the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) again extended the deadline for certain financial professionals to file foreign bank accounting reporting forms known as FBARs. In FinCEN
Continue Reading FinCEN Announces Yet Another FBAR Filing Extension for Certain Financial Professionals
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) announced today that California wildfire victims in affected areas of California have until January 31, 2018, to file their Report of Foreign
Continue Reading FinCEN Provides FBAR Relief to Victims of the California Wildfires