Non-US financial accounts are reported on FBAR. Penalties can be severe but it is often more difficult for IRS to enforce ...

U.S. regulators warned bankers on Wednesday that the government will continue to beef up efforts to fight money laundering and enforce know-your-customer rules. One week after Donald Trump's ...

The Corporate Transparency Act will require small businesses to disclose additional identifying information which had not previously been required.

The Financial Crimes Enforcement Network (FinCEN) announced a significant relief measure under the Corporate Transparency Act ...

The CTA requires many businesses and their owners to register with the U.S. Treasury’s Financial Crimes Enforcement Network ...

Next year, the U.S. Treasury Department’s Financial Crimes Enforcement Network will begin receiving reports under a new rule ...

including increased regulation of the crypto asset industry through legislative action and revised rules and standards applied by The Financial Crimes Enforcement Network under the authority of the ...

Crypto players spent $238M in campaign money. Now they hope the lawmakers they helped to Congress will enact laws in the ...

With just such intentions, the Financial Crimes Enforcement Network (FinCEN) has implemented new regulations to combat ...

Howard Lutnick, CEO of Cantor Fitzgerald, is a top ally of Trump who is heading transition team that is charged with staffing ...