Events listed in [FinCEN] Financial Crimes Enforcement Network
Financial Action Task Force Suspends the Membership of the Russian Federation, and ...
ID 22201
The Financial Crimes Enforcement Network (FinCEN) has published a press release relating to the recent statements by the Financial Action Task Force (FATF) regarding jurisdictions with Anti-Money Laundering (AML) and Combating the Financing of Terrorism and Counter-Proliferation (CFT) deficiencies. Specifically, FATF announced the following re-classification of jurisdictions in accordance with their deficiencies: (1) Jurisdictions Under Increased Monitoring (Grey List): Cambo ...
FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes ...
ID 22052
The Financial Crimes Enforcement Network (FinCEN) has issued a new alert in connection with the „Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail“. The alert is addressed at financial institutions to make them aware of this surging fraud scheme and the methods perpetrators use to scam clients. The alert thereby briefly describes the typical typology of the scheme which generally ...
Risk Real Estate Russian: FinCEN Alert
ID 21587
Risk Real Estate Russian: FinCEN Alert on Potential U.S. Commercial Real Estate Investments by Sanctioned Russian Elites, Oligarchs, and Their Proxies The Financial Crimes Enforcement Network (FinCEN) has issued an aler to provide guidance to financial institutions regarding possible sanction evasion attempts by Russian oligarchs through investments in commercial and / or private real estate. new alert The alert provides examples of such attempts ...
FinCEN Identifies Virtual Currency Exchange Bitzlato as a “Primary Money Laundering ...
ID 21503
The Financial Crimes Enforcement Network (FinCEN) has published a press statement to announce the first ever designation of a financial institution as a „primary money laundering concern in connection with Russian illicit finance“ under the National Defense Authorization Act. Specifically, FinCEN has issued an order to designate the virtual currency exchange Bitzlato Limited (Bitzlato) incorporated in Hong Kong as such „primary money laundering concern“ ...