On May 18, the U.S. Court of Appeals for the Fifth Circuit ruled that the SEC’s administrative proceedings are unconstitutional on three independent grounds. The decision could potenti...
At a recent New York City Bar Association event, Deputy Attorney General Lisa Monaco emphasized the Department of Justice’s focus on sanctions evasion and export control violations as k...
In a pair of speeches last week, the Assistant Attorney General of DOJ’s Criminal Division emphasized its focus on compliance and announced that he has instructed his prosecutors to con...
The U.S. Treasury Department’s latest national risk assessments highlight the most significant illicit finance risks in the United States financial system.
A recent District of New Jersey ruling in the case involving alleged FCPA violations by two former Cognizant executives demonstrates the potential risks of government downloads. Judge Kev...
Citing insufficient evidence, the Second Circuit last week reversed the fraud convictions of two bank traders for their roles in the LIBOR manipulation scandal. The case highlights prosec...
FinCEN’s proposed rule establishes the framework for a limited-duration pilot program that would allow financial institutions to share suspicious activity reports with their foreign bus...
The Biden administration issued the first United States Strategy on Countering Corruption on December 6, 2021, as directed in President Biden’s June 3, 2021, National Security Study Mem...
FinCEN’s proposed rule addresses requirements for reporting companies to submit their beneficial ownership and company applicant information to the agency, the first of three rules crea...
