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The US Financial Crimes Enforcement Network (FinCEN) has identified approximately $17.5 billion in suspicious financial activity potentially linked to health care fraud in a review of Bank Secrecy Act reports filed by financial institutions between March 1, 2025 and February 28, 2026. The findings were published in a Financial Trend Analysis examining patterns identified in 5,702 Bank Secrecy Act reports. The reports concerned suspected health care fraud and suspicious receip

Federal regulators have clarified that SAR confidentiality does not prevent banks and credit unions from discussing suspicious transactions, potential fraud and certain account restrictions with customers—as long as the existence of a Suspicious Activity Report is not disclosed. U.S. financial regulators have provided banks and credit unions with important clarification on how they can communicate with customers during fraud investigations while continuing to comply with the

Vietnamese authorities have stepped up supervision of the country’s financial system after suspicious transaction reports filed with the State Bank of Vietnam recorded a sharp year-on-year increase of around 30 per cent. The tougher approach includes the enforcement of Decree No. 329/2025/ND-CP, which is designed to closely monitor capital movements within the newly created international financial centre and curb illicit financial activity. Particular attention is being paid