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WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced the renewal and expansion of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real…

      Prepared Remarks Himamauli Das Acting Director, FinCEN   ACAMS AML Conference October 12, 2022 Good morning.  Thank you Kieran for that kind introduction.  It’s great to be able to join all of you today. I really appreciate everyone’s time.  And I hope this is a helpful exchange…

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty in the amount of $29,280,829.20 against Bittrex, for violations of the Bank Secrecy Act (BSA) and FinCEN’s implementing regulations.  FinCEN’s action is part of a global settlement with the Office of…

WASHINGTON—Today, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) took a historic step in support of U.S. government efforts to crack down on illicit finance and enhance transparency by issuing a final rule establishing a beneficial ownership information reporting requirement,…

On April 4, 2022, the FDIC and FinCEN Digital Identity Tech Sprint (Tech Sprint) concluded with a Demonstration Day where eight teams of participants demonstrated their solutions to an expert evaluation panel.  Through the Tech Sprint, the FDIC and FinCEN challenged the teams to develop solutions…

    Prepared Remarks Jimmy Kirby Acting Deputy Director Financial Crimes Enforcement Network 2022 Federal Identity Forum & Exposition (“FedID”) Atlanta, Georgia   Good morning.  My name is Jimmy Kirby, and I’m the Acting Deputy Director of the Financial Crimes Enforcement Network (FinCEN…