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The SEC settled charges against broker-dealers Chardan Capital Markets and Industrial and Commercial Bank of China Financial Services (ICBCFS) for failing to report suspicious sales...

The Financial Crimes Enforcement Network's ("FinCEN") Financial Action Task Force ("FATF") updated its list of jurisdictions ...

The Financial Crimes Enforcement Network (FinCEN) on May 11 released its long-awaited Final Rule (CDD Rule) ..

The Board of Governors of the Federal Reserve System ("FRB") imposed a $41 million fine on Deutsche Bank AG and its U.S. operations for anti-money laundering ("AML") and Bank Secrecy Act...

During the event, Carol and other industry leaders will discuss trends in the financial crime prevention space.

Dina Kapur Sanna and Carl A. Merino co-authored an article, "Long Arm of the Law: The Risk to U.S. Practitioners of Prosecution for Facilitating Foreign Tax Offenses,"...

The NFA advised futures commission merchants and independent brokers that they should revise their anti-money laundering programs to reflect the most current information on jurisdictions identified by the Financial Action Task Force ("FATF").

NYAG takes action against five crypto lending platforms. Cabo Verde extradites Colombian National to face money laundering charges.

On October 29, the Joint Money Laundering Steering Group (JMLSG) published for comment, a revised anti-money laundering and counter-terrorist financing guidance on Private Equity.

On March 3, the Council of the EU published a compromise proposal (dated January 28, 2014) on the European Commission’s proposed Directive on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (known as the Fourth Money Laundering Directive or MLD4).

The National Futures Association ("NFA") advised futures commission merchants and introducing brokers to review the updated Financial Action Task Force ...

The Chicago Mercantile Exchange, Inc., CBOT, NYMEX and COMEX (the "Exchanges") reminded clearing member firms and other parties to comply with recent sanctions targeting the Venezuelan government.

The Financial Conduct Authority (the "FCA") has fined Standard Bank Plc £7,640,400 for failing to comply with the UK’s money laundering regulations and, in particular, for failing to ensure that its anti-money laundering policies and procedures were applied properly in relation to corporate customers connected to politically exposed persons during the period December 2007 to July 2011

The Mexican Anti-Money Laundering Law aims to prevent the practice of money laundering by requiring businesses to report suspicious money transfers and prohibiting cash transactions that exceed $40,000.

In early March, the U.S. District Court for the Eastern District of Kentucky sentenced Louis Brothers of Kentucky to nearly eight years in prison and required that he forfeit $1.1 million in net proceeds from the illegal activities.

On March 7, 2016, US Comptroller of the Currency Thomas Curry discussed the importance of international cooperation and comprehensive cross-agency, cross-border approaches to cybersecurity and the fight to prevent money laundering.

On February 25, 2016, the Financial Crimes Enforcement Network (FinCEN) announced a $4 million civil penalty against the Gibraltar Private Bank and Trust Company of Coral Gables, Florida, for willful violations of the Bank Secrecy Act.