AML Compliance Working Group Content

ICI's AML Compliance Working Group will hold a videoconference meeting via Zoom on Tuesday, March 21, from 2:00 to 3:30 p.m. ET. We encourage attendees to use the video option during the meeting. If you prefer not to use the Zoom platform, you may dial into the meeting.

On December 15, 2022, the Financial Crimes Enforcement Network ("FinCEN") issued a proposed rule ("Proposed Rule") regarding access to beneficial ownership information ("BOI"). The Proposed Rule follows a recently adopted BOI reporting rule ("BOI Reporting Rule") and is the second of...

On September 29, 2022, the Financial Crimes Enforcement Network ("FinCEN") issued a final rule regarding beneficial ownership information reporting ("Rule"). FinCEN proposed the Rule in December 2021 to implement Section 6403 of the Corporate Transparency Act ("CTA"), which was...

ICI's AML Compliance Working Group will hold a videoconference meeting via Zoom on Tuesday, June 21, from 2:00 p.m. to 3:30 p.m. ET. We encourage attendees to use the video option during the meeting.

On May 13, we submitted a letter to Andrea Gacki, the Director of the Office of Foreign Assets Control (OFAC), regarding the Russia sanctions. In the letter, we requested that OFAC amend General License No. 9C (GL 9C) to the Russian Harmful Foreign Activities Sanctions Regulations...

For the tenth year in a row, the SEC office responsible for conducting inspections of registrants, the Division of Examinations, has published its examination priorities for the coming year.

ICI's AML Compliance Working Group will hold a videoconference meeting via Zoom on Tuesday, March 22, from 2:00 p.m. to 3:30 p.m. ET. We encourage attendees to use the video option during the meeting. If you prefer not to use the Zoom platform, you may dial into the meeting.

Last week, the Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking to establish a limited-duration pilot program permitting certain financial institutions (FIs)—including mutual funds—to share their suspicious activity reports (SARs) with certain...

ICI's AML Compliance Working Group will hold a videoconference meeting via Zoom on Wednesday, December 15, from 2:00 p.m. to 3:30 p.m. ET.

The President's Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (the "Agencies") recently released a 23-page report on stablecoins ("report").