Hosted on MSN10d
Visa, Mastercard 'Directly Handling the Proceeds' of Child Sexual Abuse Material: Official Docs
A whistleblower asserted that Visa and Mastercard failed to prevent the laundering of funds related to child sexual abuse ...
American Banker1mon
Fincen beneficial ownership reporting deadlines reinstated, extended
In light of the decision, reporting companies are required to submit beneficial ownership information to Fincen, but the Treasury Department has extended the filing deadlines. Companies created or ...
JD Supra10d
FinCEN Confirms Compliance with Corporate Transparency Act Remains Voluntary
McHenry, the Financial Crimes Enforcement Network (“FinCEN”) confirmed compliance with the Corporate Transparency Act (“CTA”) remains voluntary. On January 24, 2025, FinCEN posted the ...
Bitcoin Magazine1y
Why Blockchain Surveillance Needs FinCEN’s PATRIOT Act Ploy
FinCEN has proposed to regulate Bitcoin privacy tech under the PATRIOT Act. But the data used to support FinCEN‘s proposal is partial at best, highlighting the gravity of blockchain surveillance ...
JD Supra2mon
Legal Update: FinCEN Seeks SCOTUS Ruling on Corporate Transparency Act Injunction
December 23, 2024: A motions panel of the Fifth Circuit Court of Appeals granted a motion of the Financial Crimes Enforcement Network (FinCEN) to lift that injunction and reinstate the CTA ...