by James | Oct 10, 2025 | Money Laundering, Regulatory, Technical Compliance
On October 9, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a new set of Frequently Asked Questions (FAQs) to provide greater clarity on several recurring issues under the Suspicious Activity Reporting (SAR) regime. Developed in collaboration with the...
by James | Aug 11, 2025 | Digital Currency, Money Laundering, Payments
On August 4, 2025, FinCEN issued Notice FIN-2025-NTC1 to alert financial institutions to the escalating misuse of convertible virtual currency (CVC) kiosks, commonly referred to as crypto ATMs, for illicit purposes. These kiosks, often located in convenience stores,...
by James | Jul 19, 2025 | Fentanyl, Money Laundering, Regulatory, Trafficking
The United Nations Office on Drugs and Crime (UNODC) has released its 2025 World Drug Report in June, offering critical insights into the shifting landscape of global drug markets, production, trafficking patterns, and related public health impacts. The report reveals...
by James | Apr 11, 2025 | Banking, Fentanyl, Regulatory, Trafficking
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has released a Financial Trend Analysis detailing patterns in fentanyl-related illicit finance, based on Bank Secrecy Act (BSA) data from January to December 2024. The analysis...
by James | Apr 1, 2025 | Money Laundering, Regulatory, Trafficking, Transnational Crime
The U.S. Treasury’s FinCEN has issued a high-priority alert (FIN-2025-Alert001) concerning bulk cash smuggling and repatriation schemes orchestrated by Mexico-based transnational criminal organizations (TCOs). These cartels are increasingly leveraging...
