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Weekly Roundup: FinCEN Coughs Up Hunter Biden SARs, OCC Expects Few BSA Enforcement Actions, and More

The U.S. Treasury Department's Financial Crimes Enforcement Network has given Republican lawmakers suspicious activity reports and other confidential records pertaining to Democratic presidential candidate Joe Biden's son, Hunter Biden, Yahoo News reported. More A senior regulator said that enforcement against banks caught violating the Bank Secrecy Act will probably remain low for the foreseeable future, ACAMS moneylaundering.com reported. More More than 1,000 U.S. real estate purchases have involved individuals or entities previously flagged by financial institutions for potentially illicit activity, moneylaundering.com reported, citing data from the Treasury Department. More Westpac first became aware of serious deficiencies in its anti-money laundering...

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