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The UK Financial Conduct Authority (FCA) launched in September a review of the treatment of domestic politically exposed persons (PEPs)...

On 12 June 2024, K2 Integrity and Schulte Roth & Zabel hosted a webinar discussing new regulatory obligations anticipated under proposed rules for investment advisers ..

An understanding of this new regime is critical for bank and insurance companies that do business nationally.

On 18 June 2019, the Law Commission published its report on reform of the UK's anti-money laundering ("AML") and terrorist financing ("CTF") regime.

Today the Financial Crimes Enforcement Network of the U.S. Department of the Treasury ("FinCEN") published in the Federal Register a notice framing and seeking comment on key questions about how it...

The U.S. Treasury's Financial Crimes Enforcement Network has uncovered $17.5 billion in suspicious financial activity tied to health care fraud schemes, revealing how fraudulent providers exploit Medicare, Medicaid, and private insurance programs. Analysis of over 5,700 Bank Secrecy Act reports exposes sophisticated money laundering networks spanning all 50 states, with home health care businesses emerging as the most frequently identified perpetrators.

On April 1, the Financial Crimes Enforcement Network (FinCEN) submitted a Notice of Proposed Rulemaking proposing regulations to establish a formal Whistleblower Program under 31 U.S.C. § 5323.

While this is a long list of initiatives, their common denominator is combating money laundering.

Money laundering, and the possible financing of terrorism that stems from it, is a global issue that affects all countries. The true scale of money laundering is difficult to assess,...

The Prevention Agreement for Other Financially Obligated Subjects No. 001-2018 of August 21, 2018, issued by the Superintendency of Banks of Panama ...

As global supply chains grow more complex, regulators are increasingly focused on how legitimate trade can be exploited to move illicit funds.

U.S. Senators Elizabeth Warren and Roger Marshall are introducing the Digital Asset Anti-Money Laundering Act (the "Act"), with the aim of bringing the crypto and digital asset ecosystem...

On February 5, 2025, on her first day in office, U.S. Attorney General Pam Bondi issued fourteen memos outlining new policies for the U.S. Department of Justice ("DOJ") in a broad range of enforcement arenas.

Any discussion of the regulatory landscape across the globe is complicated by the dominance of U.S. regulators in the statistics.

The Financial Crimes Enforcement Network has proposed revoking Banque Misr UAE's correspondent banking access to U.S. financial institutions, designating it as a financial institution of primary money laundering concern. This action stems from Treasury's Operation Economic Outcast, which aims to sever financial channels Iran uses to evade sanctions and fund terrorist activities through shadow banking networks.

Take the whopping 200 billion-plus money laundering scandal that continues to rock Europe's Nordic banks.

In July, the U.S. Senate introduced the Art Market Integrity Act (AMIA), legislation that would require art dealers and auction houses to comply...

The Treasury Department's Financial Crimes Enforcement Network and Office of Foreign Assets Control have launched coordinated enforcement actions targeting the A7 Network, a sophisticated global financial infrastructure allegedly designed to help sanctioned entities from Russia, Iran, and North Korea move funds through the international banking system.