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
7/3/2024
/ Bank Secrecy Act ,
BSA/AML ,
Department of Justice (DOJ) ,
Financial Crimes ,
Financial Institutions ,
FinCEN ,
Illegal Drugs ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Prescription Drugs ,
Significant Transnational Criminal Organization ,
Supply Chain
Summary -
The Department of Justice (DOJ) has created the International Corporate Anti-Bribery initiative (ICAB), which aims to strengthen the United States’ global efforts in combating corruption through enhanced...more
12/6/2023
/ Anti-Bribery ,
Anti-Corruption ,
Anti-Money Laundering ,
Bribery ,
Corporate Crimes ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
FCPA Corporate Enforcement Policy (CEP) ,
Financial Crimes ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Money Laundering ,
White Collar Crimes
Summary -
Deputy Attorney General Lisa O. Monaco unveiled Wednesday, Oct. 4, the Department of Justice’s (DOJ) new safe harbor policy for voluntary self-disclosures (VSD) arising from mergers and acquisitions (Safe Harbor...more
Complex Civil and Criminal Cases Converge -
On August 17, 2023, Judge Robert Pitman of the federal district court for the Western District of Texas issued an Order granting summary judgment for the U.S. Treasury Department...more
8/30/2023
/ Administrative Procedure Act ,
Decentralized Autonomous Organization (DAO) ,
Department of Justice (DOJ) ,
Digital Assets ,
Economic Sanctions ,
Fifth Amendment ,
FinCEN ,
First Amendment ,
Free Speech ,
International Emergency Economic Powers Act (IEEPA) ,
Money Laundering ,
Money Transmitter ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Takings Clause ,
U.S. Treasury ,
Virtual Currency
Court Rejects Halkbank’s Claim That the Foreign Sovereign Immunities Act Shields the Bank From Prosecution -
A motion to dismiss an indictment accusing Turkey’s majority state-owned Halkbank of money laundering, bank...more
10/20/2020
/ Commercial Activity Exception ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Extraterritoriality Rules ,
Financial Institutions ,
Foreign Sovereign Immunities Act of 1976 (FSIA) ,
Indictments ,
International Emergency Economic Powers Act (IEEPA) ,
Iran Sanctions ,
Legislative History ,
Money Laundering ,
Personal Jurisdiction ,
Sovereign Immunity ,
State-Owned Enterprises ,
U.S. Treasury