The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the Corporate Transparency Act (CTA) would require millions of business entities to disclose personal information about their owners by next month.

A U.S. appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners to the U.S. Treasury Department ahead of a deadline for most companies to do so.

Businesses will not have to reveal their owners after an appeals court reversed a move that would have forced them to disclose the information by Jan. 1.

Dubai authorities have successfully dismantled two major international crime networks involved in money laundering operations worth a combined total of

Banks such as TD, Wells Fargo and Bank of America drew attention this year for money-laundering issues. That's one of several top regulatory news items in 2024.