5 days ago · The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $37,000,000 civil money penalty against Brink’s Global Services USA, Inc. (Brink’s) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering (AML) law that safeguards the financial system from illicit use, and its implementing regulations.

5 days ago · currency from Mexico to Brink’s. FinCEN’s investigation did not reveal any changes to Brink’s policies and procedures broadly or changes to its AML or due diligence with respect to MSB 1, although Brink’s represented to FinCEN that, at the end of the Relevant Time Period, it ceased engaging in this pattern of activity.

6 days ago · Brink’s Global Services USA, Inc. (BGS) admitted that it violated Bank Secrecy Act rules requiring that a company transporting money to a third party register with the Financial Crimes Enforcement Network (FinCEN) and maintain anti …

5 days ago · RICHMOND, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) today announced that its subsidiary, Brink’s Global Services USA (BGS USA), has reached agreements with the U.S. Department of Justice (DOJ) and U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) to fully resolve previously disclosed investigations related to historical cross-border currency ...

5 days ago · “For years, Brink’s moved large sums domestically and across the Southwest Border without required AML controls, exposing the U.S. financial system to a heightened risk of money laundering, including from narcotics trafficking and other illicit activity,” said FinCEN’s Director Andrea Gacki in a prepared statement.

5 days ago · About The Brink’s Company The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services.

5 days ago · Brink's Global Services USA resolves investigations with DOJ and FinCEN, agreeing to pay $42 million over three years. Quiver AI Summary. The Brink’s Company announced that its subsidiary, Brink ...

5 days ago · The Brink’s (BCO) Company announced that its subsidiary, Brink’s Global Services USA, has reached agreements with the U.S. Department of Justice and U.S. Treasury’s Financial Crimes ...

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The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $37,000,000 civil money penalty against Brink’s Global Services USA, Inc. (Brink’s) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering (AML) law that safeguards the financial system from illicit use, and its ...