Page 4 - Network Fin News Today

On December 15, 2022, the US Financial Crimes Enforcement Network ("FinCEN") published a Notice of Proposed Rulemaking to implement the beneficial ownership information ("BOI") access requirements...

On June 18, Louisiana Governor John Bel Edwards signed into law the Higher Education Foreign Security Act of 2022 (the "Act"), imposing new policy requirements on Louisiana postsecondary education institutions.

On September 30, 2022, the U.S. Financial Crimes Enforcement Network ("FinCEN") published its final rule implementing Section 6403 of the Corporate Transparency Act ("CTA").

On September 29, 2022, FinCEN issued a final rule (published in the Federal Register the next day) under the CTA requiring each "reporting company" (which includes both domestic...

In light of recent volatility in crypto markets and news of several crypto entities filing for bankruptcy, market participants are increasingly scrutinizing the credit of crypto intermediaries...

Since the start of the invasion of Ukraine by Russian forces on February 24, the U.S., UK, and the EU have led a global sanctions campaign against Russia that has been unprecedented in its speed, complexity, and global impact.

This is the ninth post in this year's series examining important trends in white collar law and investigations.

On December 23, 2021, the United States ("U.S.") Department of the Treasury's Financial Crimes Enforcement Network ("FinCEN") announced amendments to the Bank Secrecy Act ("BSA")...

On December 16, 2021, the Office of the Comptroller of the Currency ("OCC") and the Financial Crimes Enforcement Network ("FinCEN") issued civil monetary penalties against a Texas community bank for violations...

Today's proposed rule will greatly expand the application of reporting requirements identifying the true owners of business entities formed under U.S. law or formed under foreign laws and...