National Law Review1h
Effective April 14: FinCEN GTO Requires MSBs Along US Southwest Border to Report Transactions in Currency of More than $200
Although dollar thresholds for Suspicious Activity Report requirements remain the same (i.e., as low as $2,000), 2 FinCEN ...
JD Supra1d
FinCEN Issues Geographic Targeting Order to Require Certain Money Services Businesses to File CTRs for Smaller Transactions
On 11 March 2025, the Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) to require money services ...
The New York Sun2d
Border Residents Face New Financial Scrutiny, With $200 Transactions To Be Flagged and Reported as Possible Money Laundering
The Treasury Department lowers the reporting threshold for cash transactions in Texas and California counties to combat ...
Map Shows Zip Codes Where $200 Transactions Could Trigger Federal Reporting
People transferring cash in California and Texas could be asked for personal information as part of a new Trump initiative to ...
New financial reporting rules for some money services: See list of 30 ZIP codes affected
California and Texas ZIP codes could be impacted by a new financial reporting order from U.S. Treasury Dept. See the list, ...
JD Supra3d
FinCEN Issues Southwest Border Geographic Targeting Order Aimed to Combat Mexican-based Drug Cartels
We have written previously about the new administration’s significant shifts in its approach to criminal enforcement and ...
ValleyCentral.com3d
The federal government plans to track cash transactions of more than $200 in parts of the Rio Grande Valley
To fight money laundering, the federal government wants businesses in parts of the Rio Grande Valley to start reporting all ...
The Desert Review4d
Treasury orders increased financial surveillance in SoCal to combat cartel money laundering
CALIFORNIA– The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) announced March 11, that it has issued a ...
Federal government targets cash transactions over $200 in border areas
The federal government is expanding its financial surveillance efforts, targeting cash transactions over $200 in select ...
‘Financial surveillance’ concerns arise from U.S. Treasury order issued to catch cartel activity
The U.S. government is casting a net across 30 ZIP codes in California and Texas to catch cash transactions connected to ...
Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance
To that end, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) announced a new rule ...
New Trump Financial Reporting Rule Aims To Capture Cash Transactions As Low As $200
The Trump administration is seeking more information about your financial transactions—but only if you live in one of 30 ZIP ...