New financial reporting rules for some money services: See list of 30 ZIP codes affected
California and Texas ZIP codes could be impacted by a new financial reporting order from U.S. Treasury Dept. See the list, ...
‘Financial surveillance’ concerns arise from U.S. Treasury order issued to catch cartel activity
The U.S. government is casting a net across 30 ZIP codes in California and Texas to catch cash transactions connected to ...
JD Supra5d
FinCEN Issues Geographic Targeting Order for U.S. Southwestern Border
Our Financial Services and White Collar, Government & Internal Investigations Groups unpack the Financial Crimes Enforcement Network’s new ...
Failure To Report Foreign Accounts Leads To $2 Million Penalty
For individuals and businesses with foreign financial accounts, strict adherence to FBAR reporting rules is essential, and ...
Central Maine22h
Maine lawmakers consider bill to make banking easier for the cannabis industry
Since cannabis is still illegal under federal law, the lucrative industry has struggled with limited access to loans and ...
The New York Sun3d
Border Residents Face New Financial Scrutiny, With $200 Transactions To Be Flagged and Reported as Possible Money Laundering
The Treasury Department lowers the reporting threshold for cash transactions in Texas and California counties to combat ...
Federal government targets cash transactions over $200 in border areas
The federal government is expanding its financial surveillance efforts, targeting cash transactions over $200 in select ...
Opinion
Daily Memphian3dOpinion
Opinion: The Corporate Transparency Act was a ‘regulatory wreck’
My continuing hope is that our leaders in Washington, D.C., will look more to Tennessee as an example of how government should work for the taxpayers and not the other way around.
Explícame on MSN3d
U.S. Government increases financial surveillance at the border: now they monitor transactions as low as $200
The U.S. government has lowered the transaction reporting threshold to $200 for residents in 30 zip codes along the ...
Think your ATM withdrawals are private? Taking out $200 could now put you on the Federal Financial Surveillance radar in these American counties
The US Treasury's FinCEN has introduced a new regulation mandating reporting of cash transactions of $200 or more in seven US border counties. This rule aims to combat money laundering and drug ...
Computer Weekly6d
How Oracle is using AI to combat financial crime
The tech giant is leveraging artificial intelligence (AI) to surface fraudulent financial transactions and improve the ...