On May 13, the Securities and Exchange Commission (SEC) and the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed to require that SEC-registered investment ...

On June 18, 2026, the Financial Crimes Enforcement Network (FinCEN), with the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit ...

These procedures must specify the customer identifying information that a bank is to collect from each customer, including, at a minimum, the customer's name, date of birth (for an individual), ...

At a minimum, the CIP would have to include risk-based procedures for verifying the identity of each customer to the extent ...