Associate

FinCEN Alert on Bulk Cash Smuggling and Repatriation by Mexico-Based Transnational Criminal Organizations

NASUC Summary: FIN-2025-Alert001 NASCUS Legislative and Regulatory Affairs Department April 16, 2025 On March 31, 2025, FinCEN issued an alert to financial institutions, FIN-2025-Alert001, urging them to be vigilant in...

FinCEN Summary: Beneficial Ownership Information Reporting Requirement Revision and Deadline

Financial Crimes Enforcement Network (FinCEN): Beneficial Ownership Information Reporting Requirement Revision and Deadline NASCUS Legislative and Regulatory Affairs Department March 31, 2025 Background On March 2, 2025, the Treasury Department announced...

CFPB Summary: Proposed Rule/Request for Comments on Harmful Data Broker Practices

CFPB Summary: Proposed Rule/Request for Comments on Harmful Data Broker Practices 12 CFR Part 1022 December 2024 The Consumer Financial Protection Bureau (CFPB) issued a proposed rule and request for...

Beneficial Ownership Information Reporting Deadline Extension

Financial Crimes Enforcement Network FIN-2025-CTA1: Beneficial Ownership Information Reporting Deadline Extension NASCUS Legislative and Regulatory Affairs Department February 20, 2025 On February 18, 2025, the U.S. District Court for the...

Summary of NCUA Letter to Credit Unions 25-CU-03: Exam Scheduling Policy Changes

NCUA Letter to Credit Unions 25-CU-03: Exam Scheduling Policy Changes NASCUS Legislative and Regulatory Affairs | February 13, 2025 On February 11, 2025, the NCUA issued LTCU 25-CU-03. During the December...