JPMorgan Chase (JPM) alerted the U.S. government to over $1B in suspicious transactions involving Jeffrey Epstein and some Wall Street names, The New York Times reported. Weeks after Epstein's death ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

The Financial Intelligence Unit for Italy (“FIU”) issued a public consultation on new instructions for the detection and reporting of suspicious transactions (“Suspicious Transactions Regulation”), ...

Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions. South Korea’s Financial Supervisory Service (FSS) has ...

Do banks report a cash withdrawal of P100 million made by a government contractor as a suspicious transaction to authorities? Not necessarily, the Anti Money Laundering Council (AMLC) said Thursday.