A joint letter from the Democratic lawmakers to Secretary Scott Bessent warned of weakened protections against foreign risks ...

U.S. Sens. Elizabeth Warren and Andy Kim and U.S. Rep. Maxine Waters want Treasury Secretary Scott Bessent to answer for a ...

The Financial Crimes Enforcement Network (FinCEN) and the federal banking agencies recently published the long-awaited notice of proposed rulemaking for the anti-money laundering/countering the ...

On 6/29/24, FinCEN, in consultation with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the ...

Financial institutions would be required to conduct more thorough risk assessments on their anti-money laundering/countering the financing of terrorism (AML/CFT) programs under a new rule proposed by ...

The Treasury Department might propose new regulations for financial institutions aimed at discouraging banks from shutting out large swaths of potential banking customers because of risk concerns, an ...

In a proactive move to bolster transparency and security within its operations, Samana Developers, a leading real estate company, has appointed Complyfin, a Dow Jones-affiliated solution provider ...

The African Export-Import Bank (Afreximbank), in collaboration with the National Bank of Rwanda (BNR), will host the 2025 ...

The visit was aimed to strengthen frameworks to combat financial crimes and share best practices in anti-money laundering (AML) and countering the financing of terrorism (CFT), a social media post ...

The Central Bank of Nigeria (CBN) is working on introducing the automation of Anti Money Laundering and Combating Financing Terrorism (AML/CFT) in the Nigerian financial system as it yesterday ...

Taiwan’s legislature has passed amendments to existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. The development was ...

The Financial Markets Authority has issued the AML/CFT Customer Risk Rating Guideline. The Department Internal Affairs, another AML/CFT Supervisor, has set its boundaries of what regulatory ...