Nov 22, 2022 Treasury Warns Cryptocurrency Mixers on Money Laundering Concerns By Jonathan Wilson As reported in the Wall Street Journal, Senior Treasury Department officials are warning cryptocurrency trading platforms on the dangers...
Oct 27, 2022 FinCEN Geographic Targeting Orders Expanded and Extended By Jonathan Wilson FinCEN - the Financial Crimes Enforcement Network of the U.S. Treasury - has extended and expanded its geographic targeting orders...
Aug 22, 2022 FinCEN Geographic Targeting Orders By Jonathan Wilson FinCEN geographic targeting orders (or "GTOs") are specialized administrative orders issued by FinCEN under its authority under the Bank...
May 23, 2022 U.S. Leads the World in Money Laundering By Jonathan Wilson The U.S. leads the world in money laundering, according to a new report by the Tax Justice Network. This year marks the first time that...
May 18, 2022 Senators Urge Full Funding for FinCEN By Jonathan Wilson With FinCEN nearly one year late in its implementation of the Corporate Transparency Act, a bipartisan group of Senators is urging...
May 08, 2022 New York LLC Transparency Act By Jonathan Wilson Legislators in New York are considering the New York LLC Transparency Act, a law that would require limited liability companies (LLCs) to...
May 02, 2022 Who is Your Company Applicant? By Jonathan Wilson The Corporate Transparency Act (CTA) will require each reporting company to include the PII of each of its beneficial owners and company...
Apr 29, 2022 FinCEN Director Congressional Testimony By Jonathan Wilson FinCEN Director Him Das testified yesterday before the House Committee on Financial Services. In his prepared remarks he outlined...
Apr 24, 2022 CTA Exemptions - Securities Brokers and Dealers By Jonathan Wilson There are 23 separate exemptions that relieve exempt companies from the duty to file under the CTA Previous posts have covered public...
Apr 16, 2022 FinCEN Urged to Implement CTA By Jonathan Wilson The FACT Coalition sent a letter last week to the U.S. Financial Crimes Enforcement Network (FinCEN), urging FinCEN to implement quickly...