Welcome to Goodwin’s Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business ...

Under the Final Rule, a Subject Adviser must apply an AML/CFT program to all advisory services provided to all customers ...

Defendants say FinCEN’s AML reporting rule is authorized and necessary, countering Fidelity National’s legal challenge.

Domestic companies should maintain clear ownership and control records and stay ready for potential changes; foreign ...

FinCEN’s announcement clearly reflected its sensitivity to industry concerns. It acknowledged that AML/CFT Rules “must be effectively tailored to the diverse business models and risk profiles of the ...

The Trump Administration has prioritized deregulation, aiming to reduce compliance costs under the Bank Secrecy Act (BSA).

Fidelity National Financial’s (FNF) legal battle with the Financial Crimes Enforcement Network (FinCEN) may soon be over, that is, if the court takes the recommendations of Magistrate Judge Samuel ...

In the interim final rule, FinCEN revised the definition of "reporting company" in its implementing regulations to mean only those entities that are formed under the law of a foreign country and that ...

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The Treasury Department formally published an interim final rule Wednesday limiting the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.