New financial reporting rules for some money services: See list of 30 ZIP codes affected
California and Texas ZIP codes could be impacted by a new financial reporting order from U.S. Treasury Dept. See the list, ...
JD Supra1d
FinCEN Issues GTO Imposing New Obligations on Southwest Border MSBs
On March 14, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) ...
FinCEN Offers Extra Time To File After Court Reinstates Beneficial Ownership Information (BOI) Reporting Requirements
A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...
Map Shows Zip Codes Where $200 Transactions Could Trigger Federal Reporting
People transferring cash in California and Texas could be asked for personal information as part of a new Trump initiative to ...
Explícame on MSN1d
U.S. Government increases financial surveillance at the border: now they monitor transactions as low as $200
The U.S. government has lowered the transaction reporting threshold to $200 for residents in 30 zip codes along the U.S.-Mexico border.
JD Supra2d
FinCEN Issues Southwest Border Geographic Targeting Order Aimed to Combat Mexican-based Drug Cartels
We have written previously about the new administration’s significant shifts in its approach to criminal enforcement and ...
‘Financial surveillance’ concerns arise from U.S. Treasury order issued to catch cartel activity
The U.S. government is casting a net across 30 ZIP codes in California and Texas to catch cash transactions connected to ...
Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance
One of President Donald Trump's Day 1 executive orders designated "certain international cartels" as "foreign terrorist ...
The National Law Review3d
CTA Reporting Now Required, but FinCEN Waives Penalties and Indicates New Reporting Deadline Extension Likely Later This Year
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
Financial Planning3d
Amid regulatory rollback, advisor group seeks to restart AML debate
With the Trump administration pledging to review recently passed federal rules, the Investment Adviser Association wants to ...
ATM Users in Texas, California Counties May Be Subject to Scrutiny
New restrictions mean certain businesses near the Mexican border will have to report cash transactions of $200 or over.
Long Island Business News8d
Feds won’t enforce reporting for LLC and corporate ownership
After several months of back-and-forth court decisions and extended deadlines, the U.S. Treasury Department announced it ...