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Agencies request comment on data collection proposal

Federal financial regulators requested comment on a proposed rule that would establish data standards for certain information collections submitted to the agencies.

Aug 06, 2024
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Article
Compliance

EGRPRA outreach meeting registration closes Friday

ICBA encourages community bankers interested in providing oral comments at federal regulators’ virtual public outreach meeting on banking regulations to register by this Friday’s deadline.

Aug 06, 2024
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Article

IRS reports problems with crypto tax enforcement

Digital asset seizure values have grown exponentially, topping $7 billion in 2022, but compliance enforcement with virtual currency is difficult, according to a new Treasury Department report.

Jul 17, 2024
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Article
Digital Assets

FinCEN official: Beneficial ownership reporting only takes 20 minutes to complete

Financial Crimes Enforcement Network Deputy Director Jimmy Kirby said most companies should be able to file beneficial ownership information reporting quickly and without the help of an attorney or...

Jul 16, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)