On March 11, the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury issued a geographic targeting order (GTO), which went into effect Monday, April 14.

In addition, the Department of the Treasury and the Financial Crimes Enforcement Network would be tasked with producing two major reports for Congress. One would detail enforcement efforts and scam ...

Drug cartels and trafficking organizations don’t just rely on smuggling routes; they depend on financial systems ... owners to the Financial Crimes Enforcement Network (FinCEN).

Among the many intrusions of the federal government into our lives is the requirement that cash transactions of $10,000 or ...

UN Stablecoin probe has found militias laundering $24B via Cambodia platform, widening crypto crime into Asia, Africa and the ...

Congress took action to address money laundering entities in 2021 by passing the bipartisan Corporate Transparency Act (CTA), which requires certain companies to disclose their true owners to the ...

Financial crimes exert enormous ... the level of difficulty for regulatory and law enforcement authorities to react to incidences of financial crime, as any transferred proceeds can be moved ...

"Today, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) to further combat the illicit activities and money laundering ...