1,724 results found

The U.S. District Court for the Southern District of Florida sentenced a former Swiss bank executive to prison for laundering $1.2 billion worth of stolen funds from Venezuela's state-owned oil company.

MLD4 has an extended scope and introduces due diligence requirements for a greater number of traders by lowering the threshold required for anti-money laundering steps from €15,000 to €10,000.

FinCEN notified U.S. financial institutions that the Financial Action Task Force ("FATF") updated the list of jurisdictions with strategic deficiencies in combating anti-money laundering and countering the financing of terrorism ("AML/CFT").

Litigation Member Lauren Briggerman, Counsel Katherine Pappas, and Counsel Ian Herbert joined host Tom Fox on the FCPA Compliance Report Podcast to discuss the summer 2021...

This Article discusses the recent plea agreement between the United States and Danske Bank. It argues that the Department of Justice has advanced a new and evolving theory of liability...

Just Anti-Corruption, a respected publication specializing in FCPA developments, published an article "Compliance Concerns Complicate Credit Agreements".

The NFA will amend NFA Compliance Rule 2-9 (Supervision) and a related Interpretive Notice ( FCM and IB Anti-Money Laundering Program) to reflect changes in FinCEN's final rules...

On Dec. 23, 2024, the U.S. Court of Appeals for the Fifth Circuit granted the government's emergency motion for a stay of a District Court's nationwide preliminary injunction...

Digital assets and artificial intelligence are creating unprecedented opportunities for financial crime, from crypto fraud to AI-driven market manipulation. This panel brings together law enforcement, private practitioners, and forensic experts to examine how criminals exploit decentralized finance platforms and deploy deepfakes to evade detection. Discover how investigators can leverage blockchain analytics and AI-powered surveillance to combat increasingly sophisticated white-collar crime schemes.

The Financial Crimes Enforcement Network ("FinCEN") launched a Global Investigations Division ("GID") that will address illicit finance and money laundering threats.

The U.S. District Court in Hawaii sentenced a Micronesian government official to prison for conspiracy to commit money laundering in violation of the Foreign Corrupt Practices Act ("FCPA").

Partner Jeffrey Alberts, co-chair of Pryor Cashman's Financial Institutions Group, joined John Byrne and Ari Redbord of TRM Labs to discuss the latest guidance from the Financial Action Task Force...

FRB Governor Randal Quarles offers parting thoughts. ARRC recommends replacement benchmarks for certain 1-week and 2-month USD LIBOR contracts. Treasury details efforts to combat human trafficking.

The Financial Crimes Enforcement Network ("FinCEN"), the US Department of the Treasury bureau responsible for combating money laundering and terrorist financing, has been by far the most impactful federal regulator of Bitcoin and other virtual currency.

The Financial Crimes Enforcement Network ("FinCEN") extended previously granted relief that temporarily exempts certain products and services from the Beneficial Ownership Rule.

FinCEN notified U.S. financial institutions that the Financial Action Task Force updated the list of jurisdictions with strategic anti-money laundering ("AML")/countering the financing of terrorism deficiencies.

On January 28, 2016, the New York State Department of Financial Services announced that it is extending the comment period to March 31, 2016, for its proposed anti-terrorism and anti-money laundering regulation...

More enforcement actions may well be on the way for firms that have not effectively implemented an adequate AML program.