Fresh Today

Fresh Today

ARLINGTON, Va.—The Financial Crimes Enforcement Network has been provided with recommendations NAFCU said are intended to strengthen the information shared between government agencies, law enforcement and financial institutions through FinCEN’s 314(a) program—and to better combat money laundering and terrorist financing.

ABU DHABI, United Arab Emirates—All financial institutions in this country must now report any suspicious transactions through “goAML” a newly United Nations-developed anti-money laundering platform, the Central Bank of the UAE announced.

MADISON, Wis.– It was an unusual May for credit unions economically, and it could have implications further down the road—but what those implications are remains uncertain.