IRS-CI Announces a New Initiative to Enhance BSA Information-Sharing with Financial Institutions
By EsqSocial Corporation 15/04/25
On March 28, 2025, the Internal Revenue Service (“IRS”)’s criminal investigative arm, IRS Criminal Investigation (“IRS-CI”), announced that it would be implementing a new program called CI-FIRST (Feedback in Response to Strategic Threats) to foster ongoing engagement with financial institutions and to provide feedback on how IRS-CI uses data collected pursuant to the Bank Secrecy Act (“BSA”)....
By: Mayer Brown