FinCEN’s Venezuela Advisory and FATF’s Updated Jurisdiction Documents On September 20, 2017, FinCEN published Advisory FIN-2017-A006 to financial institutions about potential abuse of the U.S. financial systems by all Venezuelan government agencies and bodies, including state-owned enterprises (SOEs). The Venezuelan government uses its control over large parts of its socialist economy to generate considerable wealth […]

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FinCEN Advisory to Financial Institutions on Political Corruption Risks from South Sudan FinCEN has publish an advisory to alert financial institutions about the potential abuse of the U.S. financial systems by senior political figures from South Sudan. The U.S. Department of State has been documenting the civil unrest with the warring parties who have failed to […]

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