FinCEN released a proposed rule that would identify international convertible virtual currency mixing as a class of transactions of “primary money laundering concern” – a designatio...
OFAC issued general licenses providing for a limited and possibly temporary suspension of certain Venezuela sanctions in response to an agreement between the Maduro regime and opposition ...
The Biden administration has requested public comment on a proposed framework restricting outbound investment by U.S. persons in certain Chinese sectors.
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
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...
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.
