Summary of Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Financial Institutions in Minnesota
Updated 09/09/2026
The Financial Crimes Enforcement Network (FinCEN) Minnesota Geographic Targeting Order (GTO) imposes temporary reporting and recordkeeping requirements on banks and money transmitters when an originator is located in Hennepin or Ramsey Counties. The stated goal is to combat international money laundering linked to government benefits fraud. This order is a renewal of the original order, which was issued January 13, 2026.
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