FinCEN Rules & Proposed Rules

FinCEN Geographic Targeting Order for Southwest Border MSBs

The Financial Crimes Enforcement Network (FinCEN) has issued a Geographic Targeting Order (GTO) imposing recordkeeping and reporting requirements on certain Money Services Businesses (MSBs) along the U.S. Southwest border. This rule specifically targets transactions between $1,000 and $10,000.

FinCEN Proposes Special Measure Against Swiss MBaer Bank

The Financial Crimes Enforcement Network (FinCEN) has proposed a special measure against MBaer Merchant Bank AG, a Swiss financial institution, identifying it as a primary money laundering concern. This proposal aims to protect the U.S. financial system from illicit finance.

Bank Secrecy Act Advisory Group: Membership Nominations

The Financial Crimes Enforcement Network (FinCEN) is soliciting nominations for membership to the Bank Secrecy Act Advisory Group (BSAAG). Nominations must be received by March 27, 2026. This notice outlines the application process and criteria for selection.