Organisation: Financial Crimes Enforcement Network (USA)

South Dakota trust to pay FinCEN $1.5 million

Kingdom Trust Company admitted to having inadequate processes to flag suspicious transactions to the Financial Crimes Enforcement Network.

27 April 2023

FinCEN identifies sanctions evasions red flags in real estate deals

The US commercial real estate market is uniquely vulnerable to sanctions evasions because of its relative opacity, according to a recent alert from FinCEN.

26 January 2023