Please join us for a discussion on some of this year’s key enforcement trends and policy and regulatory developments in U.S. sanctions and anti-money laundering. Topics will include:San...
FinCEN issued a final rule postponing the effective date of regulations that would impose anti-money laundering compliance requirements on investment advisers, indicating the agency will ...
The President has signed the bipartisan GENIUS Act into law. Our client update breaks down the AML/CFT and sanctions compliance requirements of the GENIUS Act. A companion update provides...
In a significant step towards modernizing Bank Secrecy Act compliance, FinCEN and the federal banking agencies are providing flexibility in “know your customer” requirements for banks.
The Treasury and State Departments have issued sanctions relief permitting U.S. and foreign persons to engage in a broad set of transactions with Syrian businesses, the Syrian government ...
The DOJ has published an enforcement policy and various guidance on its final rule restricting sensitive data transfers to countries of concern, including China.
U.S. companies and U.S. persons are now exempt from the beneficial ownership reporting requirements under the Corporate Transparency Act and Beneficial Ownership Information Reporting Rule.
The Treasury Department’s decision to suspend enforcement of the CTA and BOI Reporting Rule means that beneficial ownership reporting under the CTA is now voluntary for U.S. citizens an...
President Trump’s recent executive order directing the designation of cartels and transnational criminal organizations as terrorist organizations—as well as broader government efforts...
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 ...
