In March, we wrote about the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issuing a Geographic Targeting Order (GTO) aimed to combat Mexican-based drug cartels. The GTO signals Treasury’s efforts to...more
4/29/2025
/ Administrative Procedure Act ,
Anti-Money Laundering ,
Cartels ,
Constitutional Challenges ,
Cross-Border Transactions ,
Currency Transaction Reports (CTR) ,
Enforcement Actions ,
Fifth Amendment ,
Financial Crimes ,
Financial Services Industry ,
FinCEN ,
Fourth Amendment ,
Geographic Targeting Order ,
Money Services Business ,
Preliminary Injunctions ,
TRO ,
U.S. Treasury
We have written previously about the new administration’s significant shifts in its approach to criminal enforcement and prosecution of money laundering cases. Specifically, we wrote about shifts at the U.S. Department of...more
3/18/2025
/ Anti-Money Laundering ,
BSA/AML ,
Cartels ,
Currency Transaction Reports (CTR) ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Financial Crimes ,
Financial Services Industry ,
FinCEN ,
Geographic Targeting Order ,
Mexico ,
Money Laundering ,
Money Services Business ,
Popular ,
Reporting Requirements ,
Terrorist Organizations ,
Trump Administration ,
U.S. Treasury
The Michigan Department of Insurance and Financial Services (DIFS) has announced the launch of a finalized version of its online portal to assist Michigan consumers with the filing of electronic complaints. DIFS' Office of...more
2/28/2017
/ Automotive Loans ,
Banking Sector ,
Banks ,
Complaint Procedures ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Unions ,
Financial Services Industry ,
Insurance Industry ,
Loans ,
Money Transfer ,
Mortgage Lenders ,
Mortgage Servicers ,
Online Platforms ,
Payday Loans ,
Portal ,
Proposed Legislation
New York Governor Andrew Cuomo signed AB 10741 into law on June 23, 2016. AB 10741, which is designed to address abandoned homes, known as zombie properties, amends several provisions of New York law and requires mortgage...more