BSA News Now

Two New England men have become the first people charged in the United States with fraudulently applying for aid from a federal program designed to help small businesses deal with financial fallout from the coronavirus pandemic.

Dutch crypto companies must register with the Netherlands' central bank by May 18 or cease operations immediately, the monetary authority said Monday.

On April 15, 2020, the Federal Financial Institutions Examination Council (FFIEC) released updates to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual).

A new report from Europol assesses the impact of the pandemic on serious and organized crime across three phases: current, mid- and long-term.

In 2018, the IMF adopted a Framework on Enhanced Engagement on Governance. Since then, the IMF has engaged in deeper and more candid discussions with our member countries when these issues could undermine the efficient functioning of the economy and threaten the interests of its citizens.

Congress's watchdog wants Immigration and Customs Enforcement to do more to track the performance of a unit that works to uncover trade-based money laundering.

Financial institutions (FIs) face tough decisions when trying to keep their clients safe.

According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%.

An appellate court in Den Bosch affirmed the conviction of former policeman Mark M., and re-sentenced him to five years behind bars on Monday for his role in money laundering and leaking out confidential information about police investigations between 2011 and 2015.

Some people have been reaching out to News 8, concerned that hospitals are lying about whether have patients have COVID-19 simply for a bigger insurance payout.

A clip that appears to show Russian President Vladimir Putin explaining his stance on the Bitcoin (BTC) and cryptocurrency movement is going viral.

Victims can lose large sums after being tricked into transferring money to fraudsters they believe are genuine traders or even solicitors.

Attorney General Mike Hunter announced Wednesday his office has developed a new resource to help process unemployment fraud claims.

Two contractors from the first season of "Windy City Rehab" committed fraud by diverting money from other projects to help fund work done on the popular HGTV show, according to a lawsuit filed last week in Cook County court.

The Justice Department has begun a preliminary inquiry into how taxpayer money was lent out under the Paycheck Protection Program and has already found possible fraud among businesses seeking relief, a top official said.

Dirty money is piling up in Los Angeles. In the last three weeks, federal agents made three seizures that each netted more than $1 million in suspected drug proceeds.

Cryptocurrency forensics platform CipherTrace has announced the launch of a new tool - Armada - for banks to use in tracking suspicious crypto transactions.

In Mexico and Brazil, financial intelligence is dangerously entering the political arena.

Every licensed bank across the EU is subject to the bloc's rules on financial crime.

Stellar Lumens and Bitcoin have shown high levels of correlation over the last month.