On July 19, 2024, the U.S. Department of the Treasury published a Proposed Rule after first issuing a Notice of Proposed Rulemaking on July 8. The rule seeks to expand the jurisdiction that the Committee on Foreign Investment...more
Originally Published: February 25, 2022 – Updated: May 16, 2022 U.S. economic sanctions against Russian interests continue to build in response to the developing situation between the Russian Federation and Ukraine.
Donetsk...more
5/19/2022
/ Biden Administration ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Trade Regulations ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
SWIFT ,
Ukraine ,
Vladimir Putin ,
White Collar Crimes
Originally Published: February 25, 2022 – Updated: April 18, 2022 -
U.S. economic sanctions against Russian interests continue to build in response to the developing situation between the Russian Federation and Ukraine.
...more
4/20/2022
/ Biden Administration ,
Blocked Person ,
Corruption ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Trade Regulations ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Sovereign Debt ,
SWIFT ,
Ukraine ,
Vladimir Putin
Originally Published: February 25, 2022 – Updated: March 25, 2022 -
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine.
...more
3/29/2022
/ Anti-Corruption ,
Biden Administration ,
Blocked Person ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Imports ,
Military Conflict ,
Oil & Gas ,
Popular ,
Russia ,
SDN List ,
Sovereign Debt ,
SWIFT ,
Ukraine ,
Vladimir Putin
Originally Published: February 25, 2022 – Updated: March 15, 2022
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine....more
3/16/2022
/ Anti-Corruption ,
Biden Administration ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Trade Regulations ,
General Licenses ,
MasterCard ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
SWIFT ,
Ukraine ,
Visa Inc ,
Vladimir Putin ,
White Collar Crimes
Originally Published: February 25, 2022 – Updated: March 8, 2022
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine....more
3/11/2022
/ Biden Administration ,
Blocked Person ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
FinCEN ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Sovereign Debt ,
SWIFT ,
Ukraine ,
Vladimir Putin
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine....more
2/25/2022
/ Biden Administration ,
Critical Infrastructure Sectors ,
Economic Sanctions ,
Enforcement Priorities ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Russia ,
SDN List ,
SWIFT ,
Ukraine ,
Vladimir Putin
Last year, as employees clicked away at home amid the COVID-19 pandemic lockdown, ransomware attacks surged, with hospitals and other health care providers the top target. This year will be worse—2021 has already seen more...more
11/12/2021
/ Bitcoin ,
Cryptocurrency ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Economic Sanctions ,
Hackers ,
Office of Foreign Assets Control (OFAC) ,
Ransomware ,
Risk Management ,
Virtual Currency
Picture this: At some point in the next six months, you lose access to your files. Even worse, your company loses access to its files. And you are told that if you want access to them again, you will have to pay a sizable...more
On August 13, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration and the Office of the Comptroller of the Currency (collectively, the...more
With many banks and credit unions electing to limit Paycheck Protection Program (PPP) loans to existing customers, many nonbank lenders are scrambling to fill the gap and take part in the $349 billion program prior to the end...more
We hope this alert finds you, your families and your colleagues healthy and safe in these challenging times. The professionals in Manatt’s investigations, compliance, strategic response and white collar defense practices...more
In Bank Secrecy Act and anti-money laundering (BSA/AML) news, a bipartisan group of lawmakers introduced a bill aimed at updating AML laws that would require companies to disclose their true owners at the time of...more
Shining the light on previously undisclosed examination practices, federal banking regulators and other entities issued an important joint statement addressing their risk-focused approach to BSA/AML examinations....more
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Putting an end to a 2014 lawsuit filed by payday lenders challenging the actions of federal regulators in Operation Choke Point, the Federal Deposit Insurance Corporation (FDIC) announced a resolution to the action....more
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While major enforcement actions against foreign banks for U.S. sanctions violations appear to have ebbed over the past three years, the recent settlement of sanctions-related claims, which included imposition of $1.34 billion...more
On October 23, 2018, the Office of the Comptroller of the Currency (OCC) assessed a $100 million civil money penalty against a national bank primarily known for its issuance of credit cards, for failing to comply with a 2015...more
On October 10, 2018, the Department of the Treasury issued a set of interim regulations (31 C.F.R. Part 801) to implement certain provisions of the Foreign Investment Risk Review Modernization Act (FIRRMA), signed into law by...more
Shortly after President Trump signed the FAA Reauthorization Act of 2018 on October 5, which among other initiatives calls for the Federal Aviation Administration (FAA) to develop regulations to permit unmanned aircraft...more
On October 5, 2018, President Donald Trump signed into law the FAA Reauthorization Act of 2018, which funds the Federal Aviation Administration (FAA) for the next five years. In addition to a variety of security and safety...more