The appeals court held that some of a taxpayer’s FBAR penalties were disproportional to the offense and thus an excessive ...

Art collectors — and criminals — can anonymously spend millions on art in the U.S. A newly introduced bill could change that.

The Bank Secrecy Act (“BSA”) establishes program, recordkeeping, and reporting requirements for certain financial institutions to combat and detect money laundering, terrorist financing, and ...

The White House on Wednesday laid out its policy priorities for regulating digital assets, offering detailed guidance to ...

The ANPRM summarizes recommendations from the Bank Secrecy Act Advisory Group (“BSAAG”), which created the Anti-Money-Laundering Effectiveness Working Group in June 2019, designed to ...

In light of the Recent enforcement action against Riggs National Bank of Washington, D.C., Congress is strongly questioning why regulators like the Office of the Comptroller Currency and the Financial ...

In recent years white-collar criminal enforcement has been marked by a string of high-profile prosecutions of banks for violations of the Bank Secrecy Act, the most recent against BNP Paribas. 1 ...

The Supreme Court on Tuesday morning added two cases — one involving the Bank Secrecy Act, the other involving the government’s power to dismiss fraud claims — to its 2022-23 docket. In a list of ...