The Corporate Transparency Act (CTA) requires certain legal entities to identify their individual Beneficial Owners on a report filed electronically with the U.S. Department of the Treasury's Financial Crimes Enforcement...more
10/3/2024
/ Aircraft ,
Anti-Money Laundering ,
Aviation Industry ,
Beneficial Owner ,
Compliance ,
Corporate Transparency Act ,
Domestic Corporations ,
Filing Deadlines ,
FinCEN ,
Foreign Corporations ,
Limited Liability Company (LLC) ,
Personal Information ,
Reporting Requirements ,
Statutory Trusts
The U.S. Department of Justice (DOJ), Department of Commerce's Bureau of Industry and Security (BIS) and Department of the Treasury's Office of Foreign Assets Control (OFAC) on July 26, 2023, issued a Tri-Seal Compliance Note...more
8/2/2023
/ Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Authority ,
Export Controls ,
Exports ,
Iran ,
Joint Policy Statements ,
Joint Statements ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanction Violations ,
Self-Reporting
The U.S. Department of State, U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and the U.S. Coast Guard (USCG) on May 14, 2020, issued a 35-page Sanctions Advisory that focuses on sanctions compliance...more
In late January 2020, Airbus agreed to pay nearly $4 billion and to take a number of remedial measures in order to resolve alleged corruption violations with the French National Financial Prosecutor's Office (PNF), the United...more
2/27/2020
/ Airbus ,
Airlines ,
Anti-Corruption ,
Aviation Industry ,
Bribery ,
Brokers ,
Chief Compliance Officers ,
Compliance ,
Consultants ,
Corporate Counsel ,
Corruption ,
Counterparties ,
Department of Justice (DOJ) ,
Enforcement Authority ,
Export Credit Agency (ECA) ,
Financial Institutions ,
Foreign Corrupt Practices Act (FCPA) ,
France ,
Government Investigations ,
Sales Commissions ,
Serious Fraud Office (SFO) ,
Settlement ,
Third-Party Risk ,
UK ,
UK Bribery Act ,
US Department of State
On July 14, 2015, the United States, France, China, Russia, the United Kingdom, Germany and the European Union (EU) entered into the Joint Comprehensive Plan of Action (JCPOA) with Iran after years of difficult negotiations....more
7/16/2015
/ Banking Sector ,
Banks ,
C-Suite Executives ,
China ,
Compliance ,
Corporate Counsel ,
EU ,
Foreign Corporations ,
France ,
IAEA ,
Imports ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Petrochemicals ,
Russia ,
SDN List ,
UK ,
UN Security Council ,
United Nations