FinCEN
FinCEN (Financial Crimes Enforcement Network) is a bureau of the United States Department of the Treasury tasked with safeguarding the financial system from money laundering, terrorist financing, and other financial crimes. It collects and analyzes information about financial transactions through reports filed by banks and other financial institutions, and it administers Bank Secrecy Act regulations. FinCEN maintains sanctions-related lists and can designate entities as being of primary money laundering concern, including foreign financial institutions linked to transnational organized crime.
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US Treasury sanctions Russia-linked A7 payment system, designates it a transnational criminal organization
The US Treasury Department has imposed sanctions on the A7 payment system, a Russia-linked financial network that processed payments through international banks in 2024 and 2025. Treasury Secretary Scott Bessent said the main goal of the action is the isolation of Iran and its financial partners.