JD Supra5h
FinCEN Geographic Targeting Order Imposes Additional Recordkeeping and Reporting Requirements
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on March 11, 2025, issued a Geographic Targeting Order ...
New Trump Financial Reporting Rule Aims To Capture Cash Transactions As Low As $200
The Trump administration is seeking more information about your financial transactions—but only if you live in one of 30 ZIP ...
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’s Geographic Targeting Order Increases Reporting Obligations for Money Services Businesses Located Near the United States–Mexico Border
On March 11, 2025, the United States Department of the Treasury’s (Treasury) Financial Crimes Enforcement Network (FinCEN) issued a ...
'Financial surveillance' concerns arise from gov't order to catch cartel activity
Treasury is requiring financial businesses in some border areas to notify it of cash transactions that are at least $200 in ...