Blog
Summaries and explanations of the latest regulatory compliance announcements, reports and related stories.
FinCEN January News Update
The Financial Crimes Enforcement Network (“FinCEN”) released two announcements of note in January. One involves a proposed rule involving digital transactions. The rule is aimed at tightening gaps for potential money laundering due to the increase in popularity of virtual currency. The second announcement involved an enforcement action against Capital One (“the Bank”).