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The Department of Justice (DOJ) last week announced new measures by its Anticorruption Task Force (Task Force) to target corruption in Latin America, specifically in the Northern Triangle countries of El Salvador...

The Financial Crimes Enforcement Network ("FinCEN") issued an advisory and trend analysis alerting financial institutions to a recent surge in business email compromise ("BEC")

On February 15, 2018, federal authorities - including the U.S. Department of Justice - filed charges against U.S. Bank, the fifth-largest commercial bank by assets in the United States, for allegedly neglecting anti-money laundering rules, helping a payday lender operate an illegal business and lying to a regulator.

A broker-dealer settled FINRA charges for failing to detect suspicious trading activity, file suspicious activity reports, and implement its own anti-money laundering procedures.

On July 22, the Federal Reserve Board, FDIC, OCC, NCUA and the Treasury Department's Financial Crimes Enforcement Network released a joint statement outlining the agencies' risk-based approach ...

FinCEN issued a Notice of Proposed Rulemaking to make current anti-money laundering, Customer Identification Program and beneficial ownership rules equally applicable to all types of banks.

We start this issue with a feeling of déjà vu all over again. Decisions made during the mortgage crisis are back in the news with a powerhouse legal ruling and the Treasury's

On June 6, 2025, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an advisory (the Advisory) to assist U.S. financial institutions in identifying and reporting potential sanctions evasion and other suspicious activity related to Iran

In testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, FinCEN, Office of the Comptroller of the Currency ("OCC") and FBI officials described efforts to improve the Bank Secrecy Act ("BSA") / Anti-Money Laundering ("AML") regulatory and supervisory regime.

FinCEN adopted a final rule imposing strict prohibitions on the access of Iranian financial institutions to the U.S. financial system due to money laundering concerns.

Investment advisors may soon face increased costs and scrutiny thanks to a proposed rule issued by the Financial Crimes Enforcement Network (FinCEN).

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) published a notice of proposed rulemaking (NPRM) to extend the effective date...

In an Advance Notice of Proposed Rulemaking, FinCEN requested comment on regulations to implement Anti-Money Laundering Act of 2020 Section 6110.

FinCEN issued a request for information seeking feedback on ways to "streamline, modernize, and update" AML and countering the financing of terrorism regulations and guidance under the Bank Secrecy Act.

On February 29, 2015, the OCC published a bulletin summarizing its process for initiating and proceeding with any enforcement action for noncompliance with Bank Secrecy Act compliance program...

2021 was a precedent-setting year for anti-money laundering ("AML") enforcement and legislation.

Jeff Alberts, co-head of the firm's Financial Institutions Group, spoke with Law360's Jon Hill about the approaching global recession...

As artificial intelligence (AI) continues to push the boundaries of technological innovation, its potential to transform industries constrained by rigorous regulatory requirements is increasing.