The first civil penalty under the Outbound Investment Security Program for failure to submit a required notification of an investment into a Chinese artificial intelligence company signal...
As part of the administration’s ongoing “Operation Economic Outcast” against Iran, FinCEN and OFAC took a series of actions targeting the A7 Network, a global network alleged to fac...
New Russia sanctions legislation provides “secondary tariff” authority to target countries most involved in the Russian oil and gas trade (and Russia itself) and codifies and incremen...
On August 24, 2026, the U.S. government announced an escalation of Iranian sanctions. As part of this action, OFAC suspended five general licenses, newly designated nearly 60 entities and...
FinCEN and the federal banking agencies have taken additional steps to implement the AML/CFT and sanctions compliance obligations under the GENIUS Act through proposed rules related to Cu...
On May 19, 2026, President Trump issued an executive order titled “Restoring Integrity to America’s Financial System,” directing federal financial regulators to review and strengthe...
The OCC, Federal Reserve, and FDIC released updated guidance on model risk management, which rescinds and supersedes prior guidance to establish a more principles-based approach. Our visu...
FinCEN and OFAC have taken steps to implement the AML/CFT and sanctions compliance obligations under the GENIUS Act, the most notable of which include compliance requirements applicable t...
Following the April 2026 proposed rules from FinCEN, OCC, FDIC and NCUA, the Federal Reserve has released its own proposed AML/CFT program rule. The proposed rules largely reorganize the ...
This visual memorandum provides a summary and overview of the Department of the Treasury’s proposed rules that would update requirements for anti-money laundering and countering the fin...
