FinCEN Proposes Special Measure Against Liberty Reserve S.A. as Primary Money Laundering Concern

Summary

The US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has proposed a special measure against Liberty Reserve S.A., a foreign financial institution deemed a primary money laundering concern, following a finding published in the Federal Register.

Original source language: Federal Register — Department of the TreasuryOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 10/6/2026

FinCEN Withdraws Proposal on Convertible Virtual Currency Mixing, Citing Section 311 of USA PATRIOT Act

The Financial Crimes Enforcement Network (FinCEN) has withdrawn its proposal to classify international Convertible Virtual Currency (CVC) mixing as a primary money laundering concern, following a review under the USA PATRIOT Act. The move reverses a proposed rulemaking that would have imposed enhanced recordkeeping and reporting requirements on this type of transaction.

Read summary →

Finance & markets · 10/5/2026

FinCEN Proposes Rule to Prohibit Funds Transmittals Involving A7 Network Sub-Agents

The Financial Crimes Enforcement Network (FinCEN) is issuing a finding and proposed rule to prohibit financial institutions from transmitting funds related to transactions involving the A7 Network, a Russian sanctions evasion and money laundering service, which has ties to Iran and other illicit actors.

Read summary →

Finance & markets · 10/6/2026

FinCEN Withdraws Proposal for Reporting Requirements on Convertible Virtual Currency and Digital Assets

The Financial Crimes Enforcement Network (FinCEN) is withdrawing its proposal to require banks and money services businesses to report transactions involving convertible virtual currency and digital assets with legal tender status held in unhosted wallets or in wallets hosted in a jurisdiction identified by FinCEN.

Read summary →

Finance & markets · 10/13/2026

U.S. Department of the Treasury Publishes Venezuela Sanctions Regulations Web General License 60

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a general license (GL 60) related to Venezuela sanctions, previously made available on their website.

Read summary →

Finance & markets · 10/13/2026

U.S. Treasury Publishes Iran-Related Sector Determination

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a sector determination related to Iran, as mandated by an Executive Order issued on January 10, 2020, previously posted on OFAC's website.

Read summary →

Finance & markets · 10/9/2026

Department of the Treasury Invites Comment on Proposed Information Collection: Information-Sharing Initiative: Digital Assets Criteria Form

The Department of the Treasury invites the general public and other federal agencies to comment on the proposed information collection, Information-Sharing Initiative: Digital Assets Criteria Form, in accordance with the Paperwork Reduction Act of 1995.

Read summary →