by Liz DeMarco | Apr 16, 2026 | Compliance Chronicles
April 16, 2026 By: Maleka Ali and Elizabeth Slim, CAMS The FinCEN AML Whistleblower Program Is Finally Here — And It Changes the Game for BSA Professionals If you’ve been in the BSA/AML world for a while, you may remember the excitement around the Anti‑Money...
by Liz DeMarco | Apr 3, 2026 | Risky Business Recap
Snapshot: On March 30, 2026, FinCEN issued a Notice of Proposed Rulemaking (NPRM) to fully implement its long‑awaited AML & sanctions whistleblower rewards program. The proposal would allow eligible whistleblowers to receive 10%–30% of collected penalties tied to...
by Liz DeMarco | Mar 27, 2026 | Risky Business Recap
Snapshot: On March 17, 2026, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced a $1.1 million settlement with TradeStation Securities, Inc. for nearly 500 apparent sanctions violations involving customers located in Iran, Syria, and Crimea. OFAC...
by Liz DeMarco | Mar 20, 2026 | Risky Business Recap
Snapshot: On March 6, 2026, FinCEN assessed an $80 million civil money penalty against Canaccord Genuity LLC for willful violations of the Bank Secrecy Act, marking the largest BSA penalty ever imposed on a broker‑dealer. The enforcement action cited failures related...
by Liz DeMarco | Mar 13, 2026 | Risky Business Recap
Snapshot: On March 7, 2026, the U.S. Department of the Treasury released its latest National Risk Assessments for Money Laundering, Terrorist Financing, and Proliferation Financing. The reports highlight evolving risks tied to fraud, transnational criminal...
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