Category

News
The Financial Crimes Enforcement Network (FinCEN) issued the first government wide priorities for anti-money laundering & countering the financing of terrorism policy. To Access full article: Click here
Read More
On June 30th, 2021, Financial Crimes Enforcement Network (FinCEN) announced the delivery of two (2) key requirements to the US Anti-Money Laundering Act of 2020 (the "AML Act"), which includes the Corporate Transparency Act and provided a 180-day update. To Access full article: Click here
Read More
On June 25, 2021, the Financial Action Task Force (FATF), updated its statements concerning jurisdictions under increased monitoring with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Counter-Proliferation (CFP) strategic deficiencies. To Access full article: Click here
Read More
The Financial Conduct Authority (FCA), United Kingdom regulator filed criminal charges against National Westminster Bank (NatWest) a UK bank for alleged involvement in money laundering offenses. To Access full article: Click here
Read More
On March 5, 2021, John David McAfee, the antivirus software pioneer and Executive Adviser of his cryptocurrency team, was indicted in Manhattan Federal Court, New York for Fraud and Money Laundering Conspiracy Crimes stemming from two cryptocurrency schemes. To Access full article: Click here
Read More
Thursday February 25, 2021, John Geddert who had coached the 2012 US Olympic women's gymnastics team, was found dead after being charged with 24 felonies in connection with the abuse of young gymnasts. To Access full article: Click here
Read More
January 15, 2021, the Financial Crimes Enforcement Network (FinCEN), announced Capital One, National Association has been assessed a $390,000,000 civil money penalty for engaging in willful and negligent violations of the Bank Secrecy Act (BSA) and implementing its regulations. To Access full article: Click here
Read More
On January 14, 2021, The U.S. Treasury Department, The Office of Foreign Assets Control (OFAC), announced that an Indonesian company agreed to pay over $1 million to settle potential civil liability for twenty-eight (28) apparent violations of the North Korea sanctions Program Regulations. To Access full article: Click here
Read More
On January 4th, 2021, The U.S. Treasury Department, The Office of Foreign Assets Control (OFAC), announced that an Union de Banques Arabes et Françaises agreed to pay $8,572,500 to settle potential civil liability for 127 apparent violations of Syria-Related Sanctions Program Regulations. To Access full article: Click here
Read More
On January 1st, 2021, Congress passed the 2021 National Defense Authorization Act (NDAA), which includes significant reforms to the United States Anti-Money Laundering (AML) regime. The NDAA includes the Anti-Money Laundering Act of 2020 (AMLA) and within the AMLA, the Corporate Transparency Act (CTA). To Access full article: Click here
Read More
1 2 3 8

ComplianceAid BSA AML Services LLC

150 SE 2nd Ave, Suite 300
Miami, Florida, 33131, USA
+1 (305) 772-9712
contact@complianceaid.pro

Follow us on

Newsletter

s2Member®