The US Treasury Department's Financial Crimes Enforcement Network has issued an alert calling on financial institutions to report suspected Iranian regime abuse of religious charity networks, including the diversion of religious tens known as Homs. Suspected abuse may involve charities that have no real charitable activities, unexplained large donations, suspicious transfers, cash withdrawals, and unofficial financial channels used to transfer funds to Iran or Iran-related organizations. They provided financial institutions with indicators to help identify and report potentially illegal activity, emphasizing that legitimate charities must maintain access to financial services and that banks must exercise risk-based due diligence.

The US Treasury Department's Financial Crimes Enforcement Network has issued an alert calling on financial institutions to report suspected Iranian regime abuse of religious charity networks, including the diversion of religious tens known as Homs. Suspected abuse may involve charities that have no real charitable activities, unexplained large donations, suspicious transfers, cash withdrawals, and unofficial financial channels used to transfer funds to Iran or Iran-related organizations. They provided financial institutions with indicators to help identify and report potentially illegal activity, emphasizing that legitimate charities must maintain access to financial services and that banks must exercise risk-based due diligence.