1,469 results found

The Financial Crimes Enforcement Network (FinCEN) issued an advisory (FIN-2021-A002) on Feb. 24, 2021, alerting financial institutions to fraud and financial crime typologies associated with Economic Impact Payments (EIP) issued by the U.S. government.

Last month, the Department of Justice (DOJ) announced the appointment of a new Director for the COVID-19 Fraud Enforcement Task Force, which was launched in May 2021 and has opened civil...

From January 11 to 13, K2 Integrity's experts participated in several panels at the ABA/ABA Financial Crimes Enforcement Conference. Below is an overview of insights delivered by Ray Dookhie...

Last week, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, becoming effective immediately. The PPPFA reforms the Paycheck Protection Program (PPP), which was passed...

Proskauer was privileged to host a panel presentation with Her Justice this month to raise awareness of economic and legal obstacles facing women who are living in poverty in New York City during the COVID-19 pandemic.

On March 17, 2020, the Commodity Futures Trading Commission ("CFTC") issued a series of no-action letters designed to provide regulated entities with relief from certain obligations in response to the growth of COVID-19.

The staff is monitoring this situation as it evolves and has conducted outreach efforts to determine potential effects.

On June 25, 2020, the Federal Reserve Board (the "Fed") released (i) the results of its supervisory stress tests for 2020; and (ii) aggregate...

In a 2020 Annual Report, the MSRB highlighted its responses to COVID-19, and its initiatives on disclosure, data transparency and Regulation Best Interest.

County offices across the country are closed due to COVID-19, possibly precluding lenders from recording mortgages or deeds of trust on recently originated loans.

Many unanswered questions remain surrounding the $2 trillion stimulus package aimed at aiding American citizens and businesses as they cope with and recover from the unprecedented public health crisis caused by COVID-19 ...

The American Bankruptcy Institute reported that President Biden signed the "COVID-19 Bankruptcy Relief Extension Act" into law Saturday, March 27, 2021, which extends through March 27, 2022...

Due to COVID-19, FINRA has postponed all in-person arbitration and mediation hearings through July 31, 2020, and is offering remote hearing services using Zoom and teleconference.

In the wake of the COVID Crisis, on June 4, 2020, the IRS issued Notice 2020-39. The Notice provides much-needed relief for taxpayers investing or considering investing in...

The Paycheck Protection Program ("PPP") loans provided welcome relief to businesses across the country that were and are dealing with the effects of COVID-19.

The current pandemic has changed the working landscape for commuters everywhere and their employers.

On May 13, 2020, Financial Crimes Enforcement Network ("FinCEN") Director Kenneth Blanco delivered remarks to the Consensus Blockchain Conference regarding the agency's recent observations...

In the coming months, many businesses and individuals will unfortunately suffer varying levels of financial distress.