Public Consultations
FinCEN Requests Comments on Renewal of the OMB Control Number for Reports of Transactions with Foreign Financial Agencies On January 11, 2022, the Financial Crimes Enforcement Network (FinCEN) published in the Federal Register a 60-day notice to renew the Office of Management and Budget (OMB) control number assigned to the […]
Consultation on draft guidelines on the use of remote customer onboarding solutions The European Banking Authority (EBA) has sent out draft guidelines on the use of remote customer onboarding solutions for consultation. The guidelines establish a common understanding among the competent authorities of the steps that companies should take to […]
ConsultationsPublished Date: 15 December 2021 Consultation Paper on Introduction of Due Diligence Requirements for Corporate Finance Advisers This consultation seeks views on MAS’ proposal to introduce due diligence requirements for corporate finance advisers when they advise on corporate finance transactions, with additional requirements when advising on initial public offerings. Consultation […]
FinCEN Seeks Comments on Modernization of U.S. AML/CFT Regulatory Regime ContactOffice of Strategic Communications, press@fincen.govImmediate ReleaseDecember 14, 2021 WASHINGTON— Today, FinCEN is issuing a request for information (RFI) Federal Register :: Public Inspection: Review of Bank Secrecy Act Regulations and Guidance seeking comments on ways to streamline, modernize, and update the anti-money […]
Second FinCEN Exchange on Ransomware to Take Place in August ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJuly 15, 2021 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced it will convene a FinCEN Exchange in August 2021 with representatives from financial institutions, other key industry stakeholders, and federal government agencies to discuss ongoing […]
Seven bids for strengthened fight against money laundering Better tools for customer awareness, increased access to government data and sharing of risk flags between financial institutions. These are some of the proposals in the Danish Financial Supervisory Authority’s new report, where the Authority provides a number of examples of how […]
Agencies Issue Statement and Request for Information on Bank Secrecy Act/Anti-Money Laundering Compliance Immediate Release April 09, 2021 The federal banking agencies, in consultation with the Financial Crimes Enforcement Network and the National Credit Union Administration, today issued a joint statement addressing how risk management principles described in the “Supervisory […]
FinCEN Launches Regulatory Process for New Beneficial Ownership Reporting Requirement Contact Office of Strategic Communications, 703-905-3770 Immediate Release April 01, 2021 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today issued an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment on a wide range of questions related to the implementation of the beneficial […]
Public consultation on FATF draft guidance on a risk-based approach to virtual assets and virtual asset service providers The Financial Action Task Force (FATF) is updating its Guidance on the risk-based approach to virtual assets (VAs) and virtual asset service providers (VASPs). The FATF originally published this Guidance in June 2019 when […]
Consultation now open on Rules for AML/CTF reforms 27 January 2021 Reforms have been made to strengthen Australia’s anti-money laundering and counter-terrorism financing laws. The reforms, known as Phase 1.5, will increase the resilience of our financial system against criminal threats, while making it easier for businesses to understand and […]
Mr. Watchlist 