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While participating in the Federal Reserve Bank of San Francisco's innovation office hours on August 13, Federal Reserve Governor Lael Brainard reported on the Federal Reserve's ongoing...

Shinhan Bank America ("Shinhan"), a New York-based subsidiary of a Korean bank, faced coordinated enforcement actions on September 29 from the Financial Crimes...

Since what feels like the beginning of time, cash currency has dominated the business of monetary compensation.

On October 3, 2018, the U.S. Federal Reserve, FinCEN, OCC, FDIC and NCUA released an interagency statement regarding the sharing of Bank Secrecy Act ...

On August 8, 2018, the FinCEN extended for an additional 30 days the exceptive relief granted to covered financial institutions from collecting beneficial ownership information on certain accounts...

The Department of Justice is aggressively scrutinizing participants in the cryptocurrency markets—including "financial institutions working with cryptocurrency"—to thwart the use of the technology as a vehicle for money laundering ...

The SEC's first enforcement action of the year, in January 2015, against PBSJ Corporation ("PBSJ"), resulted in a deferred prosecution agreement with a modest monetary penalty of $375,000.

The main novelty of the new Directive is the introduction of a central UBO-register, a public register which identifies the ultimate beneficial owners (UBOs) of companies and trusts.

On 28 August, the U.S. took a small step towards closer alignment with the anti-money laundering (AML) regimes of the UK and the EU when the Financial Crimes Enforcement Network (FinCEN)...

Earlier this month, the US Government updated its ongoing response to what the Department of Commerce ("Commerce") described as "Beijing's campaign of repression...

Last week the staff of the Office of Compliance Inspections and Examinations (OCIE) of the SEC announced its 2018 examination priorities.

On June 30, 2021, the US Financial Crimes Enforcement Network (FinCEN) issued its first government-wide priorities for anti-money laundering and countering the financing of terrorism (AML/CFT) policy (the "Priorities").

In this special crossover episode, Scott Moritz, President of White Collar Forensic LLC and host of the Fraud Eats Strategy, and Scott Maberry, host of the Note Bene, discuss important considerations in internal investigations...

On November 20, Osman Syed, the owner and operator of a laboratory in Texas, was charged with three counts of health care fraud, conspiracy to engage in money laundering, and three counts of money laundering related to his alleged participation in a respiratory pathogen panel (RPP) testing fraud scheme.

Changes in administrations often bring changes in law enforcement priorities. Whereas fines and prosecutions of white collar offenses declined under the previous administration, we can expect increased white collar enforcement ...

Benjamin Lawsky, the Superintendent of Financial Services for New York State, is seeking to increase regulatory pressures on the financial services industry, beyond the measures imposed by federal regulators.

U.S. regulators are signaling heightened expectations for anti-money laundering compliance within the crypto industry.

The US Department of Justice has signaled a potential expansion of enforcement under the Foreign Agents Registration Act (FARA) and Section 951, despite earlier indications of limited criminal enforcement. Recent regulatory developments, policy announcements, and high-profile prosecutions of US officials suggest a renewed focus on foreign agent disclosure requirements and potential criminal liability for undisclosed relationships with foreign governments.