This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Infinox Capital has been fined £99,200 by the watchdog for ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

-Additionally, the organizational chart must identify (1) voting percentage: the percentage of voting securities for each person identified in the organizational chart and (2) other control: if ...

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 and ...

Once a helpful tool for law enforcement, CTRs have become next to useless in the fight against money laundering, write Greg Baer and Gregg Rozansky, of the Bank Policy Institute. "Debanking" has ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. The Department of the Treasury’s Financial Crimes Enforcement Network recently ...

The IRS routinely monitors abusive tax transactions. If a particular transaction becomes more prevalent, the agency identifies it as a “listed transaction,” requiring self-reporting by taxpayers (IRS ...

In this month’s Cappitech Compliance Corner, with the Brexit transition period coming to a close, we take a look at how the UK’s exit from the EU affects transaction reporting under the European ...

On May 15, 2025, the New York State Department of Health (“DOH”) announced the launch of the electronic Material Transaction Reporting Form for health care transactions (“Electronic Form”). To assist ...