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, ...
National Law Review1d
CTA Reporting Now Required, but FinCEN Waives Penalties and Indicates New Reporting Deadline Extension Likely Later This Year
Update: On March 2, 2025, the Secretary of the Treasury posted a press release in which he stated that the Treasury ...
Explícame on MSN12h
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.
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 ...
JD Supra2d
FinCEN Joins the Government-Wide Pursuit of Cartels
On March 11, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) specifically aimed at ...
‘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
To that end, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) announced a new rule ...
JD Supra2d
FinCEN requires several southwest counties to report cash transactions over $200
FinCEN issued a Geographic Targeting Order (GTO) to combat “illicit activities and money laundering of Mexico-based cartels” along ...
The National Law Review3d
FinCEN Issues Geographic Targeting Order to Require Certain Money Services Businesses to File CTRs for Smaller Transactions
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Long Island Business News7d
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 ...
American Banker6d
Fraud and scams plateaued but got more expensive in 2024
Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the ...
ATM Users in Texas, California Counties May Be Subject to Scrutiny
It said the measure would begin "30 days after the date on which the order is published in the Federal Register," then remain in place for "179 days thereafter." The order covers 30 ZIP codes spread ...