FINCEN
Federal agency responsible for regulations under FINCEN.
17 regulationsGeographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Financial Institutions in Minnesota
The federal government is requiring certain banks and financial institutions in Minnesota to keep extra records and report information about their customers' financial activities to help detect money laundering and other illegal financial crimes. This rule aims to catch suspicious financial behavior in specific areas where regulators have identified concerns.
Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers
This rule requires investment advisers to establish programs to detect and report suspicious financial activity that could be related to money laundering or terrorism financing. The requirement helps law enforcement agencies track illegal money flows and protects the financial system from being used for illegal purposes.
Special Measure Regarding Transactions Involving Ten Mexican Gambling Establishments as a Class of Transactions of Primary Money Laundering Concern
The U.S. government is proposing new rules to prevent money laundering through ten specific Mexican gambling establishments. Banks and financial institutions would need to closely monitor transactions involving these casinos and report suspicious activity to help stop illegal money flows.
Imposition of Special Measure regarding Huione Group, as a Foreign Financial Institution of Primary Money Laundering Concern
The U.S. government has identified Huione Group, a foreign financial company, as a major concern for money laundering and is imposing special restrictions on it. Banks and financial institutions in the U.S. must now take extra steps to monitor and report any transactions involving this company to prevent illegal financial activities.
Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers
This regulation requires investment advisers to have stronger systems for detecting and reporting suspicious financial activity that could be linked to money laundering or terrorist financing. The rule helps the federal government identify and prevent illegal financial schemes by making investment firms responsible for spotting and flagging questionable transactions.
Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Money Services Businesses along the Southwest Border
This regulation requires money transfer businesses operating near the U.S.-Mexico border to keep detailed records and report information about their customers' transactions to federal authorities. The rule aims to help law enforcement track illegal money flows and prevent criminal activity like drug trafficking and human smuggling.
Special Measures Prohibiting Certain Transmittals of Funds: CIBanco S.A., Institucion de Banca Multiple, Intercam Banco S.A., Institucion de Banca Multiple, and Vector Casa de Bolsa, S.A. de C.V.
The U.S. Treasury Department has imposed special restrictions on money transfers involving three Mexican financial institutions (CIBanco, Intercam Banco, and Vector Casa de Bolsa) due to concerns about their involvement in money laundering or other financial crimes. Banks and money transfer services operating in the U.S. must now follow stricter rules when handling transactions with these companies.
Imposition of Special Measure Prohibiting Certain Transmittals of Funds: CIBanco S.A., Institution de Banca Multiple, Intercam Banco S.A., Institucion de Banca Multiple, and Vector Casa de Bolsa, S.A. de C.V.
The U.S. government has issued a financial warning against three Mexican banks and financial companies, requiring American banks to block or severely restrict money transfers to and from these institutions due to concerns about money laundering and financial crimes. This action aims to protect the U.S. financial system by preventing suspicious money flows.
Imposition of Special Measure Prohibiting Certain Transmittals of Funds: Vector Casa de Bolsa, S.A. de C.V.
The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) has banned a Mexican financial company called Vector Casa de Bolsa from sending money into the United States due to concerns about money laundering and financial crimes. This rule helps protect the U.S. financial system from illegal funds that might be flowing through this company.
Imposition of Special Measure Prohibiting Certain Transmittals of Funds: CIBanco S.A., Institucion De Banca Multiple
The U.S. government has restricted CIBanco, a major Mexican bank, from sending money into the United States because of concerns about financial crimes and money laundering. This action is meant to protect the U.S. financial system and prevent illegal funds from flowing through this bank.
Imposition of Special Measure Prohibiting Certain Transmittals of Funds: Intercam Banco S.A., Institucion de Banca Multiple
The U.S. government has imposed strict restrictions on money transfers through Intercam Banco, a Mexican bank, due to concerns about illegal financial activities. These restrictions are meant to prevent criminals from using the bank to move money across borders and to protect the U.S. financial system from being misused.
Special Measure Regarding Huione Group, as a Foreign Financial Institution of Primary Money Laundering Concern
The U.S. Financial Crimes Enforcement Network (FinCEN) is proposing to designate Huione Group as a financial institution involved in money laundering, which would require American banks and financial companies to take extra steps to monitor and report any transactions connected to this company. This action aims to prevent criminals from using Huione Group to hide or move illegal money through the U.S. financial system.