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...
OFAC’s recent “Guidance on Sham Transactions and Sanctions Evasion” suggests heightened due diligence obligations and erodes the “bright line” distinction between ownership and ...
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...
FinCEN’s proposed rule would offer significant financial incentives to individuals who report corporate violations of anti-money laundering, sanctions and national security laws across ...
FinCEN announced that it will not enforce reporting requirements under its residential real estate rule following the U.S. District Court for the Eastern District of Texas’s decision to...
