On January 19, FinCEN jointly with other banking regulators issued a FAQ document relating to the filing of Suspicious Activity Reports (SARs). The FAQs provide… Read More »New Guidance on SAR Filing Requirements
The Financial Crimes Enforcement Network (FinCEN) announced on January 15 that Capital One, National Association (Capital One) was fined $390,000,000 for engaging in willful and… Read More »Capital One Fined $390 Million
Staying on top of the dozens of overlapping and ever-changing Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements can be challenging for even the… Read More »Top 10 AML & KYC Tips for 2021
The UK is introducing its new sanction regime in preparation for a future outside of the EU. As of 11pm on the 31st December 2020,… Read More »New UK Sanctions Regime
