JD Supra

FinCEN Issues GTO Imposing New Obligations on Southwest Border MSBs

On March 14, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) in the Federal Register that will impose new ...
JD Supra

FinCEN Narrows Focus on Southwest Border

In the last few weeks, the Financial Crimes Enforcement Network (FinCEN) has circulated several instructions focusing on money services businesses operating in the southwest United States, answering ...
Law

FinCEN Employing New Tactics to Combat Money Laundering

Peter M. Skinner and Matthew L. Schwartz write: Although the government has investigated trade-based money laundering in the past, it has historically prioritized the movement of money through ...
Reason

Treasury Department Surveillance at the Southern Border Faces Fourth Amendment Challenges

Valuta Corporation, a money services business (MSB) based in El Paso, Texas, has been run by Ashley Light's family for over 40 years. The first MSB licensed in Texas, Valuta provides money exchange, ...