FinCEN report reveals threat patterns and trends for financial institutions to monitor - The Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury (Treasury) published a Financial Trend Analysis...more
Emerging issues under the Electronic Fund Transfer Act, Regulation E, and the UCC - As banks, fintech companies, and payment processors continue to innovate and partner on payment and wallet solutions, they must navigate the...more
4/4/2025
/ Banks ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Dispute Resolution ,
Electronic Fund Transfer Act ,
Financial Services Industry ,
FinTech ,
Payment Processors ,
Regulation E ,
Risk Management ,
Uniform Commercial Code (UCC)
This periodic bulletin is designed to help companies identify important legal developments governing the use and acceptance of blockchain technology, smart contracts, and digital assets. While the use cases for blockchain...more
3/24/2025
/ Anti-Money Laundering ,
Artificial Intelligence ,
Blockchain ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Executive Orders ,
Financial Services Industry ,
FinTech ,
Regulatory Agenda ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Stablecoins
Actions come as Trump Administration hosts digital asset summit, creates bitcoin reserve, and pushes stablecoin legislation - Recent actions by federal agencies and the White House could herald a sea change in US policy...more
3/13/2025
/ Bitcoin ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Executive Orders ,
Federal Reserve ,
FinCEN ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Trump Administration ,
U.S. Treasury
Effective February 20, 2025, the Secretary of State designated eight Latin American organizations as Foreign Terrorist Organizations (FTOs) under Section 219 of the Immigration and Nationality Act (INA) and as Specially...more
2/24/2025
/ Anti-Money Laundering ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Executive Orders ,
Financial Institutions ,
Foreign Policy ,
Immigration and Nationality Act ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management ,
Trump Administration ,
U.S. Treasury
Earlier this month, the US Securities and Exchange Commission (SEC) charged a registered investment adviser (RIA) with willfully violating Section 206(4) of the Investment Advisers Act of 1940 by making misrepresentations...more
1/27/2025
/ AML/CFT ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Beneficial Owner ,
BSA/AML ,
Enforcement Actions ,
Financial Crimes ,
Financial Regulatory Reform ,
FinCEN ,
Investment ,
National Security ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Today’s ever-shifting business environment means that consumers, businesses, employers, and employees all expect to transact digitally. To remain efficient and competitive, companies must digitally transform their businesses....more
1/2/2025
/ Biometric Information ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Data Brokers ,
Data Protection ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Digital Wallets ,
E-Signatures ,
Exploitation ,
Federal Trade Commission (FTC) ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
FSOC ,
New Guidance ,
NYDFS ,
Payment Processors ,
Regulation V ,
Telemarketing Sales Rule