by Liz DeMarco | Sep 25, 2026 | Risky Business Recap
Snapshot: On September 24, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced new Sanctions Penalties Regulations, which consolidate sanctions enforcement procedures, penalty information, and the rights of persons under...
by Liz DeMarco | Sep 18, 2026 | Risky Business Recap
Snapshot: On September 9, 2026, FinCEN released a new report showing that financial institutions identified approximately $17.5 billion in suspicious activity potentially linked to health care fraud through Bank Secrecy Act (BSA) reporting. The analysis reviewed more...
by Liz DeMarco | Sep 11, 2026 | Risky Business Recap
Snapshot: On September 8, 2026, FinCEN issued Frequently Asked Questions Regarding Treatment of Verifiable Digital Credentials Under the Customer Identification Program Rule, which clarified how banks and credit unions may use state-issued mobile driver’s...
by Liz DeMarco | Sep 4, 2026 | Risky Business Recap
Snapshot: On September 2, 2026, FinCEN, along with the FRB, FDIC, NCUA, and OCC, issued a joint statement clarifying how financial institutions may communicate with customers about potentially fraudulent transactions, suspicious activity, and account closures without...
by Liz DeMarco | Aug 28, 2026 | Risky Business Recap
Snapshot: On August 19, 2026, FinCEN announced that it convened financial institutions and law enforcement to discuss emerging healthcare benefits fraud schemes, including the exploitation of hospice care services. Participants reviewed evolving fraud typologies,...
Recent Comments