We discuss some of this year’s key enforcement trends and policy and regulatory developments in U.S. sanctions and anti-money laundering. Topics include:Russia sanctions and other recen...
In a new round of sanctions, the United States targeted third-country entities doing business with Russia, prohibited the export of architecture and engineering services to Russia, and de...
Treasury’s de-risking strategy breaks no new ground and downplays the government’s role in driving financial institutions to de-risk higher-risk customers based on AML/CFT concerns.
FinCEN issued guidance to help the small business community understand the beneficial ownership information reporting rule requirements that take effect on January 1, 2024. Small business...
One year after Russia’s invasion of Ukraine, the United States and its allies imposed a new round of sanctions targeting Russia’s metal, mining, and banking sectors and signaled an in...
On February 16, the Ministry of Commerce of the People’s Republic of China announced its first ever use of the Unreliable Entity List, designating Lockheed Martin Corporation and Raythe...
Our Winter Forecast looks at the landscape for financial regulatory reform across a number of regulatory topics and across agencies. We expect 2023 will be an active year and hope you fi...
The proposed rule is the second step in creating a national registry of beneficial ownership information and would govern access to and the protection of information in the registry.
As the G-7 price cap on seaborneRussian oil takes effect, we provide an overview of OFAC’s guidance, which establishes a safe harbor for U.S. service providers that comply with due dil...
Davis Polk partners Paul Marquardt and Gabe Rosenberg and counsel Will Schisa authored “Digital assets and sanctions compliance: Tornado Cash and beyond” in International Financial La...
