7 min read
FinCEN’s New Advisory on Elder Financial Exploitation (Archive Edition)
This episode originally aired on June 17, 2022.
FinCEN has issued updated guidance on Elder Financial Exploitation (EFE). The new Advisory looks at...
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7 min read
This episode originally aired on June 17, 2022.
FinCEN has issued updated guidance on Elder Financial Exploitation (EFE). The new Advisory looks at...
7 min read
This week The US Treasury issued a report, Assessing the Impact of New Entrant Non-bank Firms on Competition in Consumer Finance Markets. The report...
5 min read
The US Treasury and its Office of Foreign Assets Control (OFAC) have announced new sanctions against a number of individuals and entities involved in...
6 min read
The Financial Crime Enforcement Network (FinCEN) has issued its Ransomware Trends for the second half of 2021. John and Elliot look at the process...
8 min read
The Center for Strategic and International Studies has released a report on Mitigating Financial Access Challenges. The report focuses on ways to...
5 min read
Homeland Security Investigations has launched Operation Boiling Point an initiative to curb organized retail crime and cargo theft. The effort brings...
7 min read
This week the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) issued enforcement actions against...
6 min read
This week, the Basel Institute on Governance published its 2022 AML Index. The index assesses countries’ money laundering and terrorist financing...
5 min read
The Office of Foreign Assets Control (OFAC) has issued updated FAQs clarifying the regulations about people in the US sending electronic remittances...
5 min read
John and Elliot discuss several topics from this week: a recent ProPublica article on human traffickers forcing victims into cyberscamming, recent...
7 min read
The US House Financial Services Committee held a hearing this week on the availability of financial services in the Caribbean region. The hearing...
7 min read
A recent essay on Lawfare caught John and Elliot’s attention. The authors reviewed the costs and funding sources of the January 6th insurrection and...
7 min read
The US Government Accountability Office (GAO) recently issued a report to Congress. The report focused on how the US Department of Justice is...
7 min read
The Wolfsberg Group, an association of 13 global banks, this week issued a guidance document on requests for information (RFI). The focus of the...
6 min read
The Federal Reserve has issued additional information for banking organizations about crypto-asset-related activities. It is contained in Supervisory...
6 min read
The US Department of Justice has announced that a federal grand jury has indicted representatives of Electronic Transactions Systems Corporation, a...
6 min read
John and Elliot chat about an interesting Op/Ed piece that appeared in The Washington Post this week. The author, an expert in international law,...
6 min read
The Financial Action Task Force (FATF) recently issued updated Guidance for a Risk-Based Approach to the Real Estate Sector. The updated guidance...
7 min read
FATF (the Financial Action Task Force) has issued a report: Partnering in the Fight Against Financial Crime – Data Protection, Technology and Private...
6 min read
The US House of Representatives is acting on proposed amendments to the National Defense Authorization Act, including the ENABLERS Act. John and...
6 min read
The presidency of the Financial Action Task Force has recently transferred to Singapore and the new president has issued the organizational...
5 min read
A bi-partisan group from the US Congress has attached the ENABLERS Act to the FY 2023 National Defense Authorization Act (NDAA). The ENABLERS Act...
6 min read
FinCEN has issued a Statement on Bank Secrecy Act Due Diligence for Independent ATM Owners or Operators, focusing on the analysis that financial...
6 min read
FinCEN has issued updated guidance on Elder Financial Exploitation (EFE). The new Advisory looks at the increasing volume of thefts and scams...
6 min read
This week the Department of Homeland Security issued a bulletin, updating its assessment of the terrorism threat to the US. In the bulletin DHS...
6 min read
Acting Comptroller of the Currency Michael Hsu recently spoke at the DC Blockchain Summit 2022 about the state of the virtual currency space. In his...
6 min read
This week, Congresswoman Maxine Waters, Chairwoman of the House Financial Services Committee sent a letter to President Biden about financial access...