On November 7, 2023, the Financial Crimes Enforcement Network (FinCEN) issued a final rule specifying the circumstances under which an...

On November 6, 2023, FinCEN and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a joint notice to announce...

On October 20, 2023, FinCEN issued an alert to assist financial institutions (FIs) in identifying funding streams for Hamas. On October...

The IRS announced the Public Key for FATCA filing will expire on October 5, 2023. For those financial institutions (FIs) who submit their...

The U.S. Financial Crimes Enforcement Network (FinCEN) announced Andrea Gacki as the new director on July 13, 2023. FinCEN is the part of...

While your colleagues are making their way through a complex list of to dos on the sale of a subsidiary or of a multi-tiered structure,...

The British Virgin Islands International Tax Authority (BVI ITA) provided an update regarding the US$185.00 portal registration fee. The...

On May 2, 2023, the United Kingdom HM Revenue & Customs (UK HMRC) announced changes to its list of Common Reporting Standard (CRS)...

On April 27, 2023, the Acting Director of the Financial Crimes Enforcement Network (FinCEN) provided the U.S. House of Representatives...

On April 26, 2023, the U.S. Financial Crimes Enforcement Network (FinCEN) announced it assessed a $1.5 million civil money penalty on...

On April 5, 2023, the Cayman Islands Department for International Tax Cooperation (DITC) announced the FATCA and Common Reporting...

The Bahamas Competent Authority announced the FATCA and Common Reporting Standard (CRS) portal will open for FATCA and CRS registration...