Treasury proposed a new rule that would require investment advisers to establish an AML/CFT program and file certain reports, such as Suspicious Activity Reports (SARs), with FinCEN.
March 8, 2024- The Federal Reserve Board announced a final rule that updates risk management requirements systemically important financial market utilities supervised by the.
February 28, 2024- The U.S. Department of the Treasury announced that it has recovered over $375 million as a result of its implementation of an enhanced fraud detection.
February 27, 2024- U.S. House Committee on Financial Services Chair Patrick McHenry (NC-10) reintroduced the Financial Services Innovation Act. This legislation establishes.
February 23, 2024- the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is sanctioning almost 300 individuals and entities to mark the second.