WORD OF THE DAY® – Clean-Up Call
March 7, 2025 - The Office of the Comptroller of the Currency published Interpretive Letter 1183 to confirm that supervisory nonobjection is no longer needed for crypto-asset custody, and that certain stablecoin activities...more
July 8, 2024 - The Financial Crimes Enforcement Network (FinCEN) has updated its Beneficial Ownership Information Frequently Asked Questions to include responses to questions about entities that have ceased to exist....more
March 8, 2024- The Federal Reserve Board announced a final rule that updates risk management requirements systemically important financial market utilities supervised by the Board....more
August 4, 2023- On August 2-3, Assistant Secretary of the Treasury for Terrorist Financing and Financial Crimes Elizabeth Rosenberg and Acting Director of the Financial Crimes Enforcement Network Himamauli Das met with...more
November 4, 2022- U.S. Deputy Secretary of the Treasury Wally Adeyemo chaired a meeting with members of the Financial and Banking Information Infrastructure Committee to discuss the group's collective and individual...more
The U.S. Department of State, the U.S. Department of the Treasury, the U.S. Department of Commerce, and the U.S. Department of Labor are issuing this advisory to highlight growing risks to American businesses and individuals...more