Reported by U.S. Department of the Treasury (Excerpt shared below. To read entire remarks, go to: https://home.treasury.gov/news/press-releases/sb0276) I am also optimistic about AML/CFT reform.  In my meetings with community bankers, they list CTR filings, structuring SARs, and process-focused examinations among their top concerns. Today, FinCEN released FAQs to address pain points on some of these […]

Reported by Reuters (Excerpt shared below. To read full report, go to: https://www.reuters.com/business/us-treasury-proposes-taking-more-central-role-enforcing-anti-money-laundering-2025-12-10/) The U.S. Treasury Department has proposed taking a more central role in the enforcement of anti-money-laundering rules in a bid to overhaul a system for catching illicit transactions by drug traffickers, the Wall Street Journal reported on Wednesday. The proposal could give […]