Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

In 2024, FinCEN and the federal bank regulators announced more than three dozen enforcement actions against banks and individuals arising from alleged Bank Secrecy Act (BSA), anti-money laundering ...

FIRST ON FOX: Federal law enforcement has been manipulating the Suspicious Activity Report (SAR) system to gain access to Americans’ financial information without warrants or probable cause, the House ...

SFC sets February 2, 2026, as the deadline for all licensed entities to transition to the new STREAMS 2 platform.

Hong Kong’s Securities and Futures Commission (SFC) has stated that financial institutions must transition to the new ...

For financial institutions, filing Suspicious Transaction Reports (STRs) is a legal obligation. But for Financial Monitoring ...

If your bank flags a deposit as suspicious, here's what to expect and how to make sure your funds don't get stuck or delayed.

The Central Bank of Ireland has fined cryptocurrency exchange Coinbase more than €21m for failing to property monitor over €176bn worth of transactions on its platform for suspicious anti-money ...

The FIU has been actively encouraging crypto exchanges to report any transactions that raise suspicions of money laundering and illegal “foreign exchange outflow.” According to South Korea’s Financial ...