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On July 1, 2015, ESMA published Q&As on anti-money laundering and terrorist financing in investment-based crowdfunding platforms.

The ESAs intend to start working on the mandate in 2017 and expect to be able to submit final draft RTS by December 31, 2017.

On February 10, 2017, the Joint Committee of the European Supervisory Authorities launched a consultation on proposed RTS on the criteria for when a central contact point is appropriate...

On January 7, the European Parliament published an opinion, written by its Committee on Legal Affairs (or JURI) relating to the Directive that is proposed to amend and replace the Third Money Laundering Directive (2005/60/EC) (or MLD3).

Individual AML compliance officers appear to be increasingly threatened with liability for failure to detect and prevent wrongdoing at their financial institutions.

WilmerHale's Securities Enforcement and Litigation Group has released commentary discussing the Securities and Exchange Commission's enforcement record in 2016 and considering potential changes as a result of the new administration and change in leadership at the SEC.

On September 28, 2016, the US Comptroller of the Currency, Thomas J. Curry, spoke at a conference of the Association of Certified Anti-Money Laundering Specialists about the OCC's role in the BSA/AML regulatory regime.

Should a financial institution be held fully responsible for unknowingly supporting terrorist financing when their compliance program is up to date?

A medical technologies firm agreed to pay a $7.8 million penalty to settle SEC charges for violating the books and records and internal accounting controls provisions ...

Power and corruption intertwine in the world's most salacious scandals. Hosts Tatiana Sainati and Diana Shaw explore how corruption infiltrates institutions, examining red flags that could have prevented catastrophic failures and the consequences for perpetrators and victims alike.

On November 6, 2025. Keonne Rodriguez, the co-founder of the cryptocurrency mixer Samourai Wallet, was sentenced for to 60 months in federal prison for the crime of conspiring to operate an unlicensed money-transmitting...

Partner Paula Anderson (Litigation-New York) and associate Colin Vaughn-Casey (Litigation-New York) co-authored an article, "AML and Sanctions Compliance Risk Management for Financial Institutions,"...

The Office of the Comptroller of the Currency ("OCC") assessed a $70 million civil monetary penalty against a bank for failing to comply with a previous consent order to remedy deficiencies...

The Industrial and Commercial Bank of China and its New York branch entered into a consent agreement with the Board of Governors of the Federal Reserve System ("FRB").

U.S. Bancorp and its operating subsidiary, U.S. Bank, entered into agreements to pay $613 million to resolve allegations that U.S. Bank broke Bank Secrecy Act/Anti-Money Laundering ("BSA/AML") rules.

In a joint statement, the Federal Reserve Board, the FDIC, the National Credit Union Administration, the Office of the Comptroller of the Currency and the Financial Crimes Enforcement Network clarified their risk-focused approach.

Financial Regulatory Developments Focus.