National Law Review9d
Effective April 14: FinCEN GTO Requires MSBs Along US Southwest Border to Report Transactions in Currency of More than $200
Although dollar thresholds for Suspicious Activity Report requirements remain the same (i.e., as low as $2,000), 2 FinCEN ...
New Trump Financial Reporting Rule Aims To Capture Cash Transactions As Low As $200
The Trump administration is seeking more information about your financial transactions—but only if you live in one of 30 ZIP ...
JD Supra13d
FinCEN requires several southwest counties to report cash transactions over $200
FinCEN issued a Geographic Targeting Order (GTO) to combat “illicit activities and money laundering of Mexico-based cartels” along ...
JD Supra18d
FinCEN’s Geographic Targeting Order Increases Reporting Obligations for Money Services Businesses Located Near the United States–Mexico Border
with FinCEN in connection with cash transactions between $200 and $10,000 and (ii) verify the identity of persons making such cash transactions. The GTO applies to MSBs as defined by federal law ...
Accounting Today7d
FinCEN rule would end BOI reporting for US companies
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...
The National Law Review14d
FinCEN Issues Geographic Targeting Order to Require Certain Money Services Businesses to File CTRs for Smaller Transactions
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance
FinCEN "issued a Geographic Targeting Order (GTO) to further combat the illicit activities ... The federal government first began requiring banks to log and report all cash transactions of $10,000 or ...
Forbes27d
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
We last visited ... to file the BOI report never made much sense in the first place. Take, for example, homeowner associations (HOAs). Since an HOA takes in very little cash in the first place ...
The Desert Review14d
Treasury orders increased financial surveillance in SoCal to combat cartel money laundering
CALIFORNIA– The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) announced March 11, that it has issued a ...
Hosted on MSN13d
ATM Users in Texas, California Counties May Be Subject to Scrutiny
In a statement released on March 11, FinCEN said it was issuing a Geographic Targeting Order (GTO) instructing all money service businesses, including banks and businesses that provide currency ...
WSIL-TV1mon
BOI Reporting Is Back: FinCEN Announces New BOIR Filing Deadline & TaxBandits Facilitates Seamless Reporting Process
FinCEN reinstates BOI reporting for March 21, 2025; TaxBandits ensures seamless compliance with AI-powered e-filing and BanditGuarantee benefits. ROCK HILL, SC / ACCESS Newswire / February 20 ...