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The U.S. Treasury Department has launched a coordinated sanctions campaign targeting Iran's international financial networks, designating banks, exchange houses, and intermediaries across multiple jurisdictions. Simultaneously, FinCEN issued guidance on identifying potential Iranian abuse of religious charity networks, providing financial institutions with specific red flag indicators for suspicious activity reporting.

On December 14, 2023, the U.S. Congress (Congress) passed the Foreign Extortion Prevention Act (FEPA), as a part of the Fiscal Year 2024 National Defense Authorization Act.

On January 9, 2024, FINRA published its 2024 Annual Regulatory Oversight Report (the "Report"). FINRA publishes the Report as a way to provide...

President Trump's Executive Order directs federal agencies to strengthen financial system safeguards against illicit activity and address credit risks associated with lending to individuals without work authorization. The order mandates new guidance on suspicious activity red flags, enhanced customer due diligence requirements, and potential changes to ability-to-repay standards within compressed regulatory timelines.

The service was used in conjunction with crimes ranging from identity theft and fraud to drug trafficking.

On May 13, 2024, the U.S. Securities and Exchange Commission and U.S. Department of the Treasury's Financial Crimes Enforcement Network published a joint notice of proposed rulemaking ...

The Office of the Comptroller of the Currency (OCC) recently entered into a consent order with the first federally-chartered digital asset bank.

The subsequent report showed the risks of Cum-Ex/Cum-Cum transactions and the inconsistencies in addressing these risks among Member States.

The Fourth Anti-Money Laundering Directive provided for the creation by EU Member States of a register of the beneficial owners of companies and other legal entities incorporated in their territory.

On July 23, 2018, the U.K.'s Government Department for Business, Energy & Industrial Strategy launched a consultation on a draft Bill that would introduce a register of beneficial owners ...

On May 23, 2018, the Sanctions and Anti-Money Laundering Act 2018 received Royal Assent and came partly into force on May 23, 2018. The majority of the provisions of the Act will enter into force ...

As with almost any other business, access to capital is the oxygen that drives almost everything else; without it, the business cannot afford to do the things it needs to do to be successful.

A federal judge has denied a motion to dismiss charges against a US Army Master Sergeant accused of using confidential military information to trade on Polymarket event contracts related to Venezuela. The ruling addresses whether geopolitical event contracts qualify as "swaps" under commodities law and whether military operational information constitutes government "property," while leaving key factual questions unresolved for trial.

The Scoular Company's recent FCPA enforcement action reveals how agricultural shipments crossing the U.S.-Mexico border became entangled in a bribery scheme involving Mexican officials and cartel associates. The case demonstrates DOJ's heightened focus on corruption that facilitates transnational criminal organizations, even when companies lack direct knowledge of cartel connections. What compliance measures should businesses implement to mitigate FCPA risks when operating with customs brokers and intermedi

New factors for investigating and enforcing the Foreign Corrupt Practices Act were recently released by the head of the Criminal Division of the U.S. Department of Justice (DOJ) in "Guidelines for Investigations and Enforcement of the Foreign Corrupt Practices Act (FCPA)," June 9, 2025.

Recent convictions in a wide-ranging Foreign Corrupt Practices Act (FCPA) enforcement action punctuate the government’s enthusiasm for pursuing broad theories of liability in foreign bribery cases.

lthough the current administration may signal its intention to exercise a more relaxed regulatory examination environment for financial institutions, industry participants should not make the mistake of expecting a more relaxed enforcement environment, particularly in the area of anti-money laundering.

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments ...