Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Infinox Capital has been fined £99,200 by the watchdog for ...

In this month’s Cappitech Compliance Corner, with the Brexit transition period coming to a close, we take a look at how the UK’s exit from the EU affects transaction reporting under the European ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. The Department of the Treasury’s Financial Crimes Enforcement Network recently ...

QomplyDirect has awoken financial firms to the prospect of taking control of their MiFID reporting and eliminating extra services and unnecessary costs. The premise is straight-forward — QomplyDirect ...

Instant payments, also called real-time payments, are a form of electronic payment that is said to be “available 24/7/365, with the payment processed and funds made available to the recipient ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Adoption of UPI was highest among the 18–25 age group at 66%, signalling a strong behavioural shift toward digital-first ...

Steamboat Springs continues to be one of Colorado’s most closely watched real estate markets, with buyers and sellers tracking weekly ...