JD Supra

Suspicious Activity Reports – What New Guidance Means for Financial Institutions

On October 9, 2025, the Financial Crimes Enforcement Network (“FinCEN”) jointly issued updated Frequently Asked Questions (“FAQs”) with the Federal Reserve Board of Governors, the Federal Deposit ...
JD Supra

FinCEN Relaxes Suspicious Activity Reporting Requirements Via Four New FAQs

On October 9, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), along with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance ...
JD Supra

FinCEN Clarifies Suspicious Activity Reporting Requirements

On October 9, 2025, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the prudential regulators 1 issued joint guidance clarifying regulatory expectations for ...
JD Supra

FinCEN Seeks to Clarify Suspicious Activity Reporting Obligations Under the BSA

The Federal Crimes Enforcement Network (FinCEN) recently issued some rare, detailed guidance concerning the filing of Suspicious Activity Reports (SARs), impacting how financial institutions and ...