On September 5, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in consultation with the OCC, FDIC, and NCUA, released guidance on voluntary, risk-based cross-border information sharing among financial institutions. The guidance clarifies that while financial institutions are prohibited from sharing Suspicious Activity Reports (SARs) or any information that would reveal the existence of a SAR, the Bank Secrecy Act and its implementing regulations generally do not prohibit cross-border information sharing.
Read more at FCC Times https://www.fcctimes.com/2025/09/05/u-s-treasury-issues-guidance-to-boost-cross-border-financial-information-sharing/?utm_source=RZOLUTWebsite&utm_medium=FCCRegUpdate10Sep25
