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In its Semiannual Risk Perspective for Spring 2019, the OCC described banks as being in generally good shape as far as capital, leverage and short-term performance.

On February 15, 2018, the U.S. Department of Justice entered into a deferred prosecution agreement with a large U.S. financial institution, which includes a $528 million forfeiture ...

Paris counsel Pierre Storrer's article "Anti-Money Laundering: Towards a 4.1 Directive" appeared in the Nov. 2016 issue of the French publication Revue Banque.

While the United States continues to pursue noncompliant US taxpayers throughout the world, the U.S. remains one of the world's safest tax havens.

A broker-dealer (the "Firm") agreed to pay $14.5 million to settle allegations by FinCEN, FINRA and the SEC of deficiencies in its anti-money laundering ("AML") program.

The Department of Justice's National Security Division has arrested a Dual U.S. and Iranian national for an unlawful scheme to violate and evade U.S. Sanctions Against Iran. Kambiz Eghbali, also known as Cameron Eghbali.

The Financial Action Task Force ("FATF") reviewed the progress of certain jurisdictions that committed to addressing anti-money laundering and combating the financing of terrorism ("AML/CFT") deficiencies.

The Federal Financial Institutions Examination Council ("FFIEC") updated sections and examination procedures in its FFIEC Bank Secrecy Act / Anti-Money Laundering ("BSA/AML") Examination Manual.

The Financial Crimes Enforcement Network ("FinCEN") issued an Advisory to financial institutions on recent updates to the Financial Action Task Force ("FATF") ...

In an Advisory to financial institutions on recent updates to the Financial Action Task Force list of jurisdictions with strategic anti-money laundering and combating the financing of terrorism deficiencies.

FINRA's Department of Enforcement (the "Department") charged a broker-dealer and its founder with anti-money laundering ("AML") and supervisory failures related to microcap stock activities.

In January 2021, Congress passed sweeping AML reform, bringing the AML whistleblower provisions closer in line with the SEC's successful whistleblower program.

In this NYU Law Compliance & Enforcement blog post, Sharon Cohen Levin discusses the US government's crackdown on foreign corrupt money in the United States.

NFA instructed futures commission merchants (or "FCMs") and introducing brokers (or "IBs") to revise their AML programs.

The National Futures Association ("NFA") charged an introducing broker with failing to fully implement its anti-money laundering ("AML") program.

A Panamanian man pleaded guilty in the U.S. District Court for the Eastern District of New York to a money laundering conspiracy in connection with a bribery scheme involving a Brazil-based global construction conglomerate.

Host Tom Firestone sits down with Anna Morris, former acting assistant secretary of the US Treasury for terrorist financing, to explore the evolution of economic statecraft and sanctions policy. Morris provides insider perspectives on counterterrorism financing strategies, the expanding role of economic sanctions in foreign policy, and how the United States leverages financial tools to achieve national security objectives.

Even though FinCEN has not issued rules implementing this new whistleblower law, tipsters do not need to wait to file a complaint with their employer or the government.