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The United States has announced that it has charged 21 individuals for their roles in global cryptocurrency money laundering networks.

In today's rapidly evolving global economy, financial institutions encounter numerous challenges in detecting and preventing illicit activities.

Scammers recently delivered messages to various targets threatening to detonate explosive devices carried by an unidentified "mercenary" unless the targets paid a $20,000 ransom to a bitcoin wallet by the end of the business day.

Earlier this month, the Treasury Department dropped its long-awaited report on the art market, bearing the somewhat uncolorful title, "Study of the Facilitation of Money Laundering and Terror Finance Through the Trade in Works of Art."

On August 18, 2025, the US Department of the Treasury published a Request for Comment (RFC) seeking public comment on innovative methods to detect and deter illicit activity involving digital assets.

The Securities and Exchange Commission's (SEC) Office of Compliance Inspections and Examinations (OCIE) published its 2020 Examination Priorities, an annual publication that enhances transparency...

The Financial Action Task Force (FATF) recently cautioned that terrorists and other criminals are increasingly using internet-based financial technologies (Fintech) to raise and launder funds for illicit purposes.

In its agreement with DOJ, the Bank of Mingo acknowledged that its client Aracoma Contracting, LLC, which supplied contract labor to mining operations, structured at least $2.2 million in cash transactions...

These services enabled its customers to engage in suspicious and potentially criminal transactions through banks in the United States.

The Financial Crimes Enforcement Network has issued a final rule fundamentally altering the Corporate Transparency Act's beneficial ownership reporting landscape. U.S. persons and domestic entities are now exempt from reporting requirements, while foreign entities registering to do business in the United States must continue reporting beneficial ownership information for foreign individuals. FinCEN plans to delete previously submitted beneficial ownership information from U.S. persons without requiring indi

The Treasury Department's Financial Crimes Enforcement Network has issued a final rule permanently eliminating beneficial ownership information reporting requirements for domestic companies and US persons under the Corporate Transparency Act.

On December 20, 2022, following the United States' adoption of United Nations Security Council Resolution ("UNSCR") 2664, the U.S. Department of the Treasury's ("Treasury")...

On 11 October 2018, the Council of the European Union adopted a proposed Directive on combatting money laundering by criminal law ...

Cadwalader attorneys reviewed the Financial Crimes Enforcement Network's final version of "Customer Due Diligence Rules."

Louisiana has enacted House Bill 1230, replacing its Sale of Checks Act with a comprehensive money transmission licensing regime modeled after the Conference of State Bank Supervisors' Model Money Transmission Modernization Act. The new law establishes operational requirements for money transmitters, including NMLS licensing administration, financial safeguards, and authorized agent controls. Companies operating in Louisiana must navigate the transition period and prepare for new licensing processes and reg

On March 17, the OCC and FinCEN issued civil monetary penalties against a federal savings bank for "willfully" failing to meet minimum compliance program requirements and shoddy suspicious transaction reporting.

The U.S. Department of the Treasury's Financial Crimes Enforcement Network has issued a final rule permanently eliminating beneficial ownership information reporting requirements...