Home Posts tagged "FinCEN"
formats

The Fed and FinCEN Propose to Lower Reporting Threshold on International Transfers to $250

The Financial Crimes Enforcement Network (FinCEN), along with the Board of Governors of the Federal Reserve, recently proposed new rules related to the Bank Secrecy Act (BSA) and anti-money laundering regulations requiring financial institutions to collect and report information related to international transfers. The proposed changes would lower the threshold requiring when this information is

(More)…

 
Comments Off on The Fed and FinCEN Propose to Lower Reporting Threshold on International Transfers to $250.
formats

As Consumers Use Debit Cards More and Checks Less, Fraudsters Adjust Accordingly

In recent years consumers have been using their debit cards more often while relying less on paper checks, meanwhile fraud rates on these billing instruments rise and fall with consumer use, but at different rates. Read More

 
© The Fraud Practice LLC 2012