On September 15, 2022, President Biden issued an Executive Order (the “CFIUS EO”) that provides clear signals to dealmakers regarding areas of heightened interest to the Committee on Foreign Investment in the United States...more
9/19/2022
/ Artificial Intelligence ,
CFIUS ,
China ,
Clean Energy ,
Cybersecurity ,
Due Diligence ,
Executive Orders ,
FIRRMA ,
Foreign Investment ,
National Security ,
Semiconductors ,
Supply Chain
On February 1, 2019, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) issued guidance in the form of Frequently Asked Questions (“FAQs”) relating to sanctions imposed on January 28, 2019 against...more
2/4/2019
/ Blocked Person ,
Bonds ,
Derivatives ,
Due Diligence ,
Economic Sanctions ,
General Licenses ,
Non U.S. Person ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
SDN List ,
Trump Administration ,
U.S. Treasury ,
Venezuela ,
Winding Down
New York-based hedge fund Och-Ziff Capital Management Group (the “Hedge Fund”) agreed to pay approximately $412 million to resolve charges brought by the U.S. Securities and Exchange Commission (“SEC”) and Department of...more
10/28/2016
/ Africa ,
Anti-Bribery ,
Bribery ,
CEOs ,
CFOs ,
Civil Monetary Penalty ,
Compliance ,
Corporate Executives ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Disgorgement ,
Due Diligence ,
Enforcement Actions ,
Financial Services Industry ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Hedge Funds ,
Personal Liability ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
Yates Memorandum
International business transactions can be subject to intense scrutiny due to the broad scope of the U.S. Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act, in addition to other similar anti-corruption measures...more
10/21/2016
/ Compliance ,
Contract Drafting ,
Contract Terms ,
Contractual Safeguards ,
Due Diligence ,
Financial Services Industry ,
Foreign Acquisitions ,
Foreign Corrupt Practices Act (FCPA) ,
Investment Funds ,
Mergers ,
Option Contracts ,
Private Equity Funds ,
Purchase Agreement ,
Representations and Warranties ,
Risk Assessment ,
Risk Mitigation ,
Shareholders' Agreements ,
UK Bribery Act
The U.S. Department of the Treasury, together with other U.S. government agencies responsible for enforcing anti-money laundering (AML) and economic sanctions regulations, released guidance on August 30, 2016 in the form of a...more
9/1/2016
/ Anti-Money Laundering ,
Compliance ,
Depository Institutions ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Foreign Correspondent Banking ,
Foreign Financial Institutions (FFI) ,
Joint Policy Statements ,
New Guidance ,
U.S. Treasury