Earlier in May 2024, the Financial Crimes Enforcement Network (FinCEN) continued its efforts to require registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to take steps to ...

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A new rule proposed Monday by the SEC and Treasury’s Financial Crimes Enforcement Network (FinCEN) would require certain investment advisers to verify the identity of their customers to protect ...

The American Fintech Council, an association representing Fintech companies and BaaS banks, has submitted a response to the US Department of Treasury, Financial Crimes Enforcement Network (FinCEN) ...

Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule (RIN 1506-AB49) regarding when a reporting company may use an entity’s FinCEN identifier instead of identifying information ...

Last year, the Financial Crimes Enforcement Network, a bureau of the U.S. Treasury Department, announced its final rule requiring many entities to file a beneficial ownership information report in ...

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) made several changes suggested by commenters to a new rule allowing limited access to its beneficial ownership information (BOI) ...

The SEC and Treasury Department’s FinCEN are proposing a new customer identification rule for investment advisors registered with the federal government. The U.S. government wants to extend similar ...

The Treasury Department's Financial Crimes Enforcement Network issued a final rule Tuesday that would allow firms obligated to disclose their beneficial owners to use a preapproved, Fincen-issued ...

On May 13, the Securities and Exchange Commission (SEC) and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released a joint notice of a proposed rulemaking (NPRM) ...