On July 24, 2026, FinCEN issued an alert urging financial institutions to watch for and report fraud schemes involving federal student aid programs. Fraud rings are using stolen or complicit [...]
Nebraska Governor Jim Pillen approved LB 838 on April 14, 2026, strengthening Nebraska's existing authority for addressing suspected financial exploitation of vulnerable and senior adults. The law gives community banks [...]
On June 30, 2026, FinCEN issued an alert to assist financial institutions in identifying and reporting suspicious activity connected to fuel smuggling and Mexican tax evasion schemes on the U.S. [...]
OFAC has launched a new online ‘reconsideration portal’ where requests to be removed from an OFAC sanctions list can be submitted. The portal is designed to streamline the delisting process by [...]
On June 12th, FinCEN issued guidance clarifying how financial institutions can share information with one another regarding suspected fraud under section 314(b) of the USA PATRIOT Act. The guidance states [...]
FinCEN issued an advisory on June 5, 2026, reminding financial institutions of the risks presented by the unlawful employment of illegal aliens. The advisory is intended to help institutions identify [...]
On May 11, 2026, FinCEN issued an alert to assist financial institutions in identifying and reporting activity associated with the Islamic Revolutionary Guard Corps (IRGC), a powerful branch of Iran’s [...]
On May 11, 2026, FinCEN issued a Notice urging financial institutions to remain vigilant for potential human trafficking activity associated with the 2026 FIFA World Cup, which will be hosted [...]
On May 6, 2026, FinCEN updated its Q&As on the Customer Due Diligence (CDD) Rule to align with its February 13, 2026, exceptive relief order and consolidate prior FAQ issuances. The update combines FAQs from [...]
FinCEN released its Fiscal Year 2025 (FY25) Year in Review, detailing its initiatives, outcomes, and strategic priorities in safeguarding the U.S. financial system against illicit activity. The report highlights FinCEN’s [...]