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Supply Chain Financial Institutions

Guidepost Solutions LLC

How the UK High Court Decision on Forced Labor Impacts Your Supply Chain Due Diligence

The recent ruling by the U.K. Court of Appeal declared that the U.K. National Crime Agency’s decision not to investigate the importation of cotton produced through the use of Uyghur forced labor in China was unlawful. This...more

Skadden, Arps, Slate, Meagher & Flom LLP

Significant UK Court of Appeal Decision Confirms the Applicability of the UK’s Proceeds of Crime Legislation to Illegality in...

The UK Court of Appeal recently held that the National Crime Agency’s decision not to investigate whether cotton goods manufactured in China and imported to the UK were the product of forced labour was unlawful — a decision...more

Ballard Spahr LLP

FinCEN Issues Supplemental Advisory on Fentanyl Distribution and Growing Role of Transnational Criminal Organizations

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On June 20, 2024, the Financial Crimes Enforcement Network (“FinCEN”) issued a supplemental advisory to alert U.S. financial institutions about emerging trends in the illicit fentanyl supply chain. The supplemental advisory...more

K&L Gates LLP

April 2024 ESG Policy Update—Australia

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Australian Update - Australian Competition and Consumer Commission Enforcement Priorities for 2024-2025 - The Australian Competition and Consumer Commission (ACCC) has announced its enforcement and compliance priorities for...more

K&L Gates LLP

March 2024 ESG Policy Update—Australia

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Australian Update - Australian Securities and Investments Commission Continues Greenwashing Enforcement Efforts - On 28 February 2024, the Australian Securities and Investments Commission (ASIC) reported that an outsourced...more

Snell & Wilmer

United States Announces Largest Round of Sanctions Since the Start of Russia’s War in Ukraine

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The U.S. Government recently announced the largest round of sanctions against the Russian Federation (Russia) since the invasion of Ukraine two years ago. This multi-agency effort enacted over 500 sanctions against foreign...more

Mitratech Holdings, Inc

Understanding 4th- and Nth-Party Risk: What Do You Need to Know?

Strategies for Mitigating Unseen Threats and Managing 4th- and Nth-Party Risk in Your Modern Business. Organizations today have transitioned from using on-site server rooms to relying on third-party services and cloud...more

American Conference Institute (ACI)

[Event] 8th Annual Canadian Forum on Global Economic Sanctions - March 6th - 7th, Toronto, ON, Canada

Immerse yourself in the only comprehensive economic sanctions event of its kind in Canada, spanning two days of invaluable insights and practical knowledge. Designed to cover U.S., EU, and major global sanctions, this...more

American Conference Institute (ACI)

[Event] 13th West Coast Forum on FCPA Enforcement and Compliance - June 14th - 15th, San Francisco, CA

Hosted by American Conference Institute, the 13th West Coast Forum on FCPA Enforcement and Compliance returns for another exciting year, providing the opportunity to connect with decision-makers from your industry, gather...more

Morrison & Foerster LLP

National Defense Authorization Act Implications for U.S. Sanctions Programs

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After months of negotiations, Congress revealed the compromise version of the National Defense Authorization Act for Fiscal Year 2023 (NDAA) on December 6, 2022. The bill, viewed as a “must-pass” piece of legislation because...more

BCLP

“The reputation of everyone involved is at stake.”

BCLP on

Will unsustainable companies have difficulty accessing financing in the future? Banks and financial institutions are increasingly offering financing based on ESG criteria. Originally published in German ESG Magazine ( ESGz...more

Ankura

Factors to Be Considered by Financial Organizations for an Effective Transactional Monitoring System

Ankura on

The rising incidence of financial crime continues to haunt financial institutions globally. As per a recent industry report, more SARs (suspicious activity reports) were filed by ~80% of the firms in 2021. COVID-19 pandemic...more

American Conference Institute (ACI)

[Event] European Flagship Conference on Anti-Corruption - September 20th - 21st, London, United Kingdom

C5’s 16th International Conference on Anti-Corruption London is taking place on 20–21 September! With so much anticipation to reunite face-to-face and compare notes, don’t miss out on re-connecting with the “who’s who” of the...more

Moore & Van Allen PLLC

Special Situations Client Bulletin - Legal Review Guide for Stressed/Distressed Credits

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Although there may be differing views as to whether the U.S. economy is heading into some form of market correction, many would argue that certain warning signs have appeared that would suggest the possibility of an economic...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, May 19, 2022

Paul Hastings LLP on

Congress - U.S. House of Representatives - Committee on Small Business - Committee Holds Hearing on Oversight of SBA Office in Charge of Loan Programs...more

Robins Kaplan LLP

Twitter Looks to Streamline Even As Musk Puts Acquisition “On Hold”

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Twitter CEO Parag Agrawal took dramatic action this week, firing two top execs, freezing “most new hiring,” and announcing plans to slash spending “as the social media company tries to change its business trajectory while...more

Robins Kaplan LLP

Elon Musk Strikes Deal to Take Twitter Private for $44B

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Elon Musk and Twitter brass struck a deal on Monday in which Musk will spend $44 billion to “take over the influential social network frequented by world leaders, celebrities and cultural trendsetters” and take it private....more

Guidepost Solutions LLC

Sanctions and The Supply Chain: Basic Steps to Protect Yourself

With the Russian-Ukraine war’s ever-expanding sanctions landscape, the supply chain is even more complex than it already was, and enforcement risk is even higher given the broader array of U.S. federal and international...more

White & Case LLP

Switzerland Further Expands its Sanctions Against Russia

White & Case LLP on

On March 25, 2022, Switzerland adopted new measures against Russia, further reinforcing its sanctions set. These measures are in line with those adopted by the EU on March 9 and 15, 2022. The new sanctions entered into force...more

Robins Kaplan LLP

Markets Wrap Worst Quarter in 2 Years and Await March Jobs Report

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Jobs Report Friday! Here’s what we’re looking for in the March numbers after reports earlier this week suggested we remain in a period of both high openings and voluntary resignations...more

Snell & Wilmer

Global Connection - The Russian-Ukraine Conflict: Expanding Export Restrictions in the Energy Sector

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The Russian Federation’s intensifying war efforts across Ukraine prompted the U.S. government to announce that it will implement a ban on Russian oil and gas imports. Under the ban, the U.S. will not import “Russian crude oil...more

Robins Kaplan LLP

Biden Pledges to Fight Inflation in SOTU Address

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President Biden made fighting inflation one of the cornerstones of his State of the Union last night, highlighting the economic progress the country’s made in the past year while stressing efforts to stem rising prices. The...more

Robins Kaplan LLP

Shell and BP Cut Ties With Russia As West’s Sanctions Intensify

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After a weekend in which the West’s major economies made it clear that they’re choosing economic isolation as the desired means of punishing Vladimir Putin and Russia for their invasion of Ukraine, Shell and BP have both...more

NAVEX

Staying Ahead of Sanctions – What You Need to Know to Maintain Compliance

NAVEX on

The threats posed by Russia to the Ukraine, and the worldwide implications, are deeply concerning and we denounce the invasion of the Ukraine by Russia and hope that this crisis can be resolved quickly through diplomacy. ...more

Snell & Wilmer

The Russia-Ukraine Conflict: Additional Sanctions and Impact on Global Trade

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As Russia continues its invasion of Ukraine, the United States and other countries have intensified economic sanctions against the Russian Federation. These sanctions ride on the heels of initial sanctions issued prior to...more

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