The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA).

On June 28, 2024, the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (“June 2024 NPRM”) to crystalize its long-held expectation that ...

The new solution ensures increased effectiveness for precise monitoring of both known and previously unknown, unmonitored typologies Part of NICE Actimize’s Anti-Money Laundering suite of solutions, ...

The SRA has released its 2024-25 anti-money laundering report and the scale of supervision is striking - it carried out 935 ...

Lawyers need to understand what this shift means in practice and why the profession must respond strategically rather than ...

Under the revised EU AML/CFT package, institutions are expected to adopt more sophisticated, proactive approaches to ...

The Trump administration's 2025 campaign against transnational drug cartels has not stopped at the border. It has been waged through ...

According to Fenergo, penalties for breaches of AML, know your customer (KYC), sanctions and customer due diligence (CDD) ...

The DOJ and FinCEN reached resolutions with Paxful, a US-based virtual currency trading platform, over Bank Secrecy Act and AML ...

There is a palpable tension that governs most financial crime programs in the United States. Banks build their AML programs on the principle of risk-based compliance. They say it to regulators, write ...

Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...

The industry regulator has sanctioned three broker-dealers in the Cetera network for weak controls around low-priced securities and customer reporting.