Marcy Wheeler is a blogger and analyst who specializes in weedy document dumps. This blog post is cross-posted from Emptywheel.
Two weeks ago, Treasury fired the guy in charge of FinCEN (the part of Treasury that enforces and tracks Suspicious Activities Reports), Jim Freis, reportedly (pay wall) because he wanted to focus on law enforcement and financial crimes, rather than a more focused counterterrorism focus.
In a case similar to one brought by American prosecutors, UBS faces charges of money laundering and tax fraud for helping French clients to hide money from the French tax authorities. Read Post
By Marcy Wheeler. Cross posted from emptywheel Yesterday, the Office of the Comptroller of the Currency issued two orders to JP Morgan Chase, one related to its London Fail Whale, the other related to failures in its Bank Secrecy Ac... Read Post