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Commerzbank was accused of several practices in which it concealed the involvement of prohibited parties.

Last month, we published an alert about the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) order providing exemptive relief for covered investment advisers (Covered IAs)...

The Financial Crimes Enforcement Network, a bureau of the Department of Treasury, issued a proposed anti-money laundering rule applicable to investment advisers registered with the U.S. Securities and Exchange Commission.

The U.S. Treasury Department’s Financial Crimes Enforcement Network recently penalized First National Community Bank $1.5 million for failing to file suspicious activity reports despite the existence of significant red flags.

The New York Department of Financial Services adopted standards for filtering programs that monitor transactions for potential anti-money laundering and Bank Secrecy Act violations and block transactions that are prohibited...

Among other provisions, the 2001 USA PATRIOT Act required the US Treasury Department to issue regulations regarding due diligence and enhanced due diligence with respect to correspondent accounts established or maintained by US financial institutions for non-US financial institutions and private banking accounts established or maintained for non-US persons.

In the closely watched trial of U.S. v. Lindsey Manufacturing Co., a federal jury has found the defendants guilty on all counts of violations of the Foreign Corrupt Practices Act ("FCPA").

In the closely watched trial of "U.S. v. Lindsey Manufacturing Co.", a federal jury has found the defendants guilty on all counts of violations of the Foreign Corrupt Practices Act ("FCPA").

In March, we wrote about the Department of Treasury's Financial Crimes Enforcement Network (FinCEN) issuing a Geographic Targeting Order (GTO) aimed to combat Mexican-based drug cartels.

On July 21, 2025, the US Department of the Treasury's Financial Crimes Enforcement Network ("FinCEN") announced its intention to postpone...

Recent months have seen a resurgence in interest in the Foreign Corrupt Practice Act (FCPA) and related matters as a result of enforcement activity that have yielded significant fines...

President Trump's recent veto and the subsequent override aside, the National Defense Authorization Act (H.R. 6395) (NDAA), while designed to affect our national defense, will also have significant...

The U.S. Department of the Treasury's Financial Crimes Enforcement Network ("FinCEN") announced today its intent to postpone the effective date of its final rule imposing anti-money laundering ("AML")...

On April 9, 2020, the Manhattan District Attorney's Office announced a substantial settlement with Christie's, requiring the auction house to pay $16.7 million for the ultimate benefit of the State

Join us for this two-part Minutes on the Matter discussion, where Mike Beckwith unpacks the federal government's heightened focus on anti-money laundering (AML), particularly in gaming.

The market for digital assets has exploded in recent years. Digital and virtual currency activities provide great opportunities financially and technologically. However, such currencies can be utilized for ...

The U.S. Financial Industry Regulatory Authority (FINRA) recently published the report The Metaverse and the Implications for the Securities Industry.

A virtual currency "exchanger" consented to a Financial Crimes Enforcement Network ("FinCEN") penalty for violations of the Bank Secrecy Act and anti-money laundering ("AML") regulations.