Becki LaPorte

Sep 26, 2024 | datos-insights.com | Becki LaPorte

On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a final rule that created an anti-money laundering (AML) program and suspicious activity reporting requirements for investment advisers (IAs) and exempt reporting advisers (ERAs). This new rule purports to close the gap that has existed for decades created by not defining IAs and ERAs as financial institutions (FI) subject to an AML rule.

Apr 3, 2024 | datos-insights.com | Becki LaPorte |Eric Weisburg |Chris Eberly |William Trout

This February, the Financial Crimes Enforcement Network (FinCEN) released a Notice of Proposed Rule Making (NPRM) that would create an anti-money laundering (AML) program and suspicious activity reporting requirements for investment advisors (IAs) and exempt reporting advisors (ERAs). IAs and ERAs to date have not been defined as financial institutions (FI) subject to an AML rule, and so this proposed rule would begin to close a yawning regulatory gap.

Feb 1, 2024 | ffnews.com | Lauren Hinton |Jay Blandford |Becki LaPorte |Datos Insights

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced the launch of Abrigo Fraud Detection, a new platform that combines AI-powered inspection and check image analysis with a smart, configurable fraud decision engine.