The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA).

Earlier this month, the New York State Department of Financial Services (“DFS”) and the Federal Reserve Board of Governors (“FRB”) announced settlements with the Industrial and Commercial Bank of ...

The Bank Secrecy Act (BSA) is one of several federal statutes that establish prohibitions and requirements related to anti-money laundering (AML) enforcement. It is also one of several federal ...

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Among the enforcement actions issued by the Treasury Department’s Office of the Comptroller of the Currency (OCC) in August, two banks were separately penalized for deficiencies in anti-money ...

USAA Federal Savings Bank (FSB) must pay $140 million as part of two separate consent orders reached with the Financial Crimes Enforcement Network (FinCEN) and Office of the Comptroller of the ...

The Federal Reserve has terminated a decade-long enforcement action against Citigroup Inc. C, which was filed over weaknesses in the bank's anti-money laundering (AML) practices. In March 2023, the ...

AUSTIN, Texas, Nov. 13, 2025 /PRNewswire/ -- RiskScout, an innovative BSA/AML compliance and fraud detection platform built for financial institutions, announced today that it has been selected as the ...