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...
The U.S. government increases pressure on Cuba with a new executive order authorizing broad sectoral and secondary sanctions, which appears intended to discourage non-Cuban companies from...
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...
The Treasury Department’s Financial Crimes Enforcement Network continues its efforts to modernize the U.S. AML/CFT compliance framework, providing covered financial institutions excepti...
The OCC released new Bank Secrecy Act examination procedures to reduce regulatory burdens for community banks, continuing its efforts to streamline anti-money laundering compliance obliga...
The proposed Mexico-related special measure is an extension of the administration’s “total elimination” strategy against cartels and transnational criminal organizations. The propos...
FinCEN announced that it will not impose fines or penalties on companies that do not submit their beneficial ownership information reports by the upcoming deadline of March 21, 2025. The ...
