Congress announced a compromise on the Uyghur Forced Labor Prevention Act this week, and the House passed the bill last night. Our International Trade & Regulatory Group details the bill’s enforcement strategy requirements...more
Our Financial Services & Products Group investigates the federal banking regulators’ roadmap for crypto-asset regulation in 2022 and a new OCC procedure national banks must comply with to conduct crypto-asset activities....more
New guidance from the Office of Foreign Assets Control seeks to help companies in the virtual currency industry with four specific objectives. Our Financial Services & Products and International Trade & Regulatory Groups...more
On October 15, 2021 the Financial Crimes Enforcement Network (FinCen) of the Treasury Department issued a financial trend analysis on ransomware relating to Bank Secrecy Act (BSA) reporting filed in the first half of this...more
Our Financial Services & Products Group studies the newly enacted anti-money laundering provisions of this year’s National Defense Authorization Act....more
The Financial Crimes Enforcement Network takes the first of likely many steps to reform the outdated Bank Secrecy Act / Anti-Money Laundering regulatory scheme. Our Financial Services & Products and White Collar, Government &...more
Our White Collar, Government & Internal Investigations Group highlights the most relevant additions and changes the Department of Justice and Securities and Exchange Commission have made to respond to the many significant...more
The Department of Justice revised its corporate compliance guidance for the third time in three years. Our White Collar, Government & Internal Investigations Team breaks down the key updates and offers insight to the DOJ’s...more
Our International Trade & Regulatory and White Collar, Government & Internal Investigations Groups review the Justice Department’s revised voluntary self-disclosure policy and find that it is a welcome change for companies...more
Our White Collar, Government & Internal Investigations Team examines some pragmatic revisions to the Department of Justice’s FCPA Corporate Enforcement Policy....more
The new sanctions announced by the Trump administration freeze all Venezuelan government assets in the United States and allow the Treasury Department to sanction any person, business or other entity that assists the Maduro...more
Our White Collar, Government & Internal Investigations, International Trade & Regulatory, and Financial Services & Products groups mine the latest federal guidance for ways financial institutions can best use the risk-based...more
The U.S. Office of Foreign Assets Control’s expansion of reporting requirements of rejected transactions could pose a serious problem. Our International Trade & Regulatory Group uncovers the dangers and potential pitfalls to...more
Our White Collar, Government & Internal Investigations Group discusses how new guidance from the Financial Action Task Force affects virtual asset service providers (VASPs) and others that deal with virtual assets....more
The TCPA: Who Will Dictate Its Reach – the FCC or the Courts?
Telephone Consumer Protection Act (TCPA) litigation has hit the federal courts in a tidal wave of class action claims with almost unlimited financial exposure....more
2/11/2019
/ Acquisitions ,
Anti-Money Laundering ,
Automatic Stay ,
Bank Secrecy Act ,
Banking Sector ,
Banks ,
Borrowers ,
FCC ,
Financial Institutions ,
Lenders ,
Mergers ,
TCPA
Just because a bank can doesn’t mean a bank should. Our Government & Internal Investigations Team discusses FinCEN’s new statement on banks that pool resources for Bank Secrecy Act and anti-money laundering compliance....more