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Suspicious Activity Reports (SARs) Cybersecurity Fraud

Cooley LLP

Fed Signals Fraud a Top Priority in Special Compliance Outlook Issue

Cooley LLP on

The Federal Reserve (Fed) has devoted its entire Second Issue 2025 of Consumer Compliance Outlook (Outlook) to fraud – a rare, single-topic focus that underscores regulators’ and industry’s heightened concern for addressing...more

Fox Rothschild LLP

FinCEN Unveils New Efforts To Combat Widespread Business Email Compromise Fraud Scams As Losses Reach $300 Million Per Month

Fox Rothschild LLP on

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has announced new efforts to crack down on Business Email Compromise (BEC) schemes and those who profit from such scams. BEC fraud schemes generally...more

BCLP

FINRA’s 2018 Regulatory and Examination Priorities: New Focus on Cryptocurrencies and Initial Coin Offerings

BCLP on

As in the past, the Financial Industry Regulatory Authority (“FINRA”) marked the beginning of the new year with the release of its 2018 Regulatory and Examination Priorities Letter (the “Letter”). Similar to prior letters,...more

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