The Main Street Depositor Protection Act, which proposes raising FDIC coverage for certain business accounts to $5 million, is drawing criticism for disproportionately benefiting large depositors at ...

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury recently issued two proposed anti-money laundering rules of importance to the U.S. financial and cryptocurrency ...

In relation to the first bullet point above, Subject Advisers should consider voluntarily adopting risk-based anti-money laundering procedures (described in more detail below) prior to the Final ...

FNF filed its lawsuit against FinCEN and the Treasury in May 2025. The suit challenges FinCEN’s anti-money laundering rule, which requires title firms to report specific details on all-cash home ...

The American Land Title Association is pressing the U.S. Treasury’s Financial Crimes Enforcement Network to revise its residential real estate reporting rule, arguing it disproportionately burdens ...

An expert Q&A on the US Department of the Treasury’s Financial Crimes Enforcement Network’s (FinCEN’s) interim final rule (IFR), effective March 26, 2025, and its effects on reporting obligations ...

Title insurance firms gearing up for the implementation of the Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule can slow ...

In the interim final rule, FinCEN revised the definition of "reporting company" in its implementing regulations to mean only those entities that are formed under the law of a foreign country and that ...

The Treasury Department formally published an interim final rule Wednesday limiting the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.

Require “effective” AML/CFT programs. FinCEN would formally distinguish between establishing an AML/CFT program and maintaining it through implementation in all material respects, with that ...