What began in 1970 as a targeted effort to crack down on money laundering has metastasized into one of the federal government’s most expensive data hoarding operations. The Bank Secrecy Act now ...

On April 1, 2026, the Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking (“NPRM”) to establish a formal whistleblower program under the Bank Secrecy Act (“BSA”).

The Streamline Act, introduced by U.S. Senators on October 21, 2025, proposes to significantly increase the reporting thresholds for currency transaction reports (CTRs) and suspicious activity reports ...

House Senior Deputy Minority Leader and Mamamayang Liberal (ML) Partylist Rep. Leila de Lima on Sunday maintained that the House justice committee’s impeachment proceedings – which discussed the ...

In implementing the debanking executive order, the OCC and other federal banking regulators have removed "reputation risk" as a factor that financial institutions are expected to consider in assessing ...

Governments force banks to report your activity, judge whether you are being suspicious, and close your accounts when you step out of the norm. How? It dates back to 1970. President Richard Nixon had ...

Ransomware isn’t slowing down. In fact, it’s accelerating. According to a new Financial Trend Analysis from the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), ...

House Committee on Justice Chairperson Gerville Luistro said the impeachment process is an accountability mechanism and is an ...