Results 1 to 5 of 75

The SWIFT MT 202 COV: more transparency and information for cross-border funds transfers

USA - January 19 2010 On December 17, 2009, the U.S. federal banking supervisors, in consultation with the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), issued an interagency guidance that sheds some light on the U.S. regulators’ view about the use of the new SWIFT MT 202 COV messages and discusses the supervisors’ approach to reviewing an institution’s risk management practices with respect to cross-border funds transfers.

Marc-Alain Galeazzi, Mark Gillett, Oliver I. Ireland, Barbara R. Mendelson

Digging Into DASKA: Key Takeaways from the Latest Russia Sanctions Bill

Russia, USA - February 20 2019 Last Wednesday, February 13, a bipartisan group of Senators sent Presidents Trump and Putin a Valentine's Eve present by reintroducing a revised…

John P. Carlin, Michael V. Dobson, Marc-Alain Galeazzi, David A. Newman, John E. Smith

For Russia, Sanctions Are Coming

European Union, Germany, Russia, USA - June 3 2019 Back in February, we told you about the Defending American Security from Kremlin Aggression Act, or “DASKA,” a bipartisan effort to impose new…

Saqib Alam, John P. Carlin, Michael V. Dobson, Felix Helmstädter, David A. Newman, Kristofer G. Readling, John E. Smith, Jennifer S. Talbert

Foreign Investment 2020 (Part 3): CFIUS Spotlight on “TID” U.S. Businesses

USA - October 15 2019 This is the third in our multipart series of alerts addressing proposed regulations published in the Federal Register on September 24, 2019, for the…

Joseph A. Benkert, John P. Carlin, Charles L. Capito III, Amy S. Josselyn, Nicholas J. Spiliotes

Commerce Adds 28 Chinese Organizations to the Entity List for Associations with Human Rights Violations and Abuses

China, USA - October 9 2019 The U.S. Department of Commerce (“Commerce”) has added 28 Chinese organizations to the Bureau of Industry and Security (BIS) Entity List, a move that…

Joseph A. Benkert, John P. Carlin, Charles L. Capito III, Amy S. Josselyn