On October 23, 2025, FinCEN published a Financial Trend Analysis (FTA) identifying approximately $9 billion of potential Iranian shadow banking activity that occurred through U.S. correspondent accounts in 2024. The analysis draws on reports from U.S. financial institutions about transactions before the maximum pressure campaign and supplements FinCEN’s June advisory on Iran’s illicit oil smuggling, shadow banking, and weapons procurement activities.

On October 21, 2025, the Senate proposed a bill that would raise the reporting thresholds for currency transaction reports and suspicious activity reports. If enacted, the bill would require the Treasury Department to adjust the thresholds for inflation every five years.

On October 15, 2025, FinCEN issued a final rule that severs Cambodia-based Huione Group from the U.S. financial system. Huione Group is a key player in laundering proceeds from cyber heists by North Korea and transnational criminal organizations in Southeast Asia involved in virtual currency investment scams, such as "pig butchering" scams.

On October 14, 2025, the OFAC and FinCEN, in close coordination with the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO), took complementary actions against criminal networks responsible for targeting citizens of the United States and other allied nations through online scams and the laundering of stolen funds. OFAC has sanctioned 146 targets within the Prince Group Transnational Criminal Organization, a Cambodia-based network led by Chen Zhi, known for online investment scams targeting Americans and others globally.

On October 9, 2025, FinCEN issued answers to four Frequently Asked Questions to clarify certain requirements related to suspicious activity reports (SARs). The FAQs were issued jointly with the Board, the FDIC, the NCUA, and the OCC.