by Eric J. Ellman | Aug 9, 2025
On August 5, the FDIC announced that banks under its jurisdiction can comply with Bank Secrecy Act (BSA) requirements by obtaining identity information from new customers using a pre-populated form, provided that the person opening the account verifies the...
by Eric J. Ellman | May 5, 2021
CDIA filed a comment in May 2021 in response to an ANPR from the Financial Crimes Enforcement Network (“FinCEN”). In this process, FinCEN is seeking public comment on questions pertinent to the implementation of the Corporate Transparency Act (CTA), enacted into law...
