FinCEN Orders Minnesota Financial Institutions to Report Certain $3,000-Plus Payments
August 11, 2026
August 11, 2026
WASHINGTON, Aug. 11 (TNSFR) -- The U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order on August 11, 2026, requiring banks and money transmitters in Hennepin and Ramsey counties, Minnesota, to retain and report information on specified payments of $3,000 or more.
The order is intended to support Treasury efforts to combat international money laundering connected to government benefits fraud in Minnesota. It applies to cov . . .
The order is intended to support Treasury efforts to combat international money laundering connected to government benefits fraud in Minnesota. It applies to cov . . .