Financial institutions need to remain vigilant about managing anti-money laundering and Bank Secrecy Act (AML/BSA) compliance in 2025. As the financial ecosystem becomes increasingly complex, and as ...

King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

The Bank Secrecy Act (BSA) is one of several federal statutes that establish prohibitions and requirements related to anti-money laundering (AML) enforcement. It is also one of several federal ...

The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA). Recent rules and guidance focus on easing burdens, like removing beneficial ...

The Bank Secrecy Act (BSA) was passed by Congress in 1970 to fight money laundering and has been enhanced multiple times to adapt to the changing compliance landscape, the most important being ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The "Center for Art Law Report on Anti-Money Laundering and Art" [1]is an ...

In a coordinated enforcement action by 48 state financial regulators, Block will pay an $80M fine and undertake corrective action for violations of the Bank Secrecy Act and anti-money laundering laws ...