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Croatia Introduces New Money Laundering and Terrorism Prevention Act

In order to place the Fourth Anti-Money Laundering Directive (AMLD4) into the legal system, the Croatian Parliament passed the Money Laundering and Terrorist Financing Prevention Act on October 27, 2017. One main component of this act is the addition of… Read more >

Artichoke Joe’s Fined $8 Million by FinCEN

One of California’s oldest card clubs, Artichoke Joe’s, has been fined $8 million by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN).  According to FinCEN, Artichoke Joe’s “willfully violated” anti-money laundering (AML) laws from 2009 to 2017 by failing to… Read more >

Fighting Human Trafficking with Compliance Technology and New Legislation

In recent years, modern slavery, specifically in the form of human trafficking, has become an egregious issue within the United States (US) as well as internationally.  While many think of slavery as a relic of history, unfortunately, global statistics show… Read more >

Texas Bank Fined $2 Million by FinCEN

Lone Star National Bank based in Texas has been fined $2 million by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for “willfully violating” Anti-Money Laundering (AML) requirements of the Bank Secrecy Act including failing to obtain proper customer due… Read more >