Kara M. Bombach
Greenberg Traurig LLP
Articles
Anti-Money Laundering (AML) Whistleblower Provision Expanded to Cover Economic Sanctions Violations, Increase Incentives for Reporting
USA - February 1 2023 On Dec. 29, 2022, the Anti-Money Laundering Whistleblower Improvement Act (the “Whistleblower Improvement Act” or “Act”), enacted as part of the…
Sonali Dohale, Kyle R. Freeny, Nathan J. Muyskens, Marina Olman-Pal
EU Criminalizes Violations of EU Sanctions, With a Focus on Russia
European Union, Russia - December 1 2022 On Nov. 28, 2022, the Council of the European Union (Council) adopted a decision (Decision) to add the violation of restrictive measures to the list…
UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, Enforcement
United Kingdom, USA - October 19 2022 The United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic…
Crypto Exchange Bittrex Settles $53 Million in Fines with Treasury Department for Sanctions, Anti-Money-Laundering Violations
USA - October 11 2022 On Oct. 11, 2022, the U.S. Treasury Department announced that cryptocurrency exchange Bittrex Inc. had agreed to settle $53 million total in fines…
New Executive Order Identifies National Security Risks for CFIUS to Consider When Assessing Foreign Investment in US Businesses
USA - September 15 2022 On Sept. 15, 2022, President Biden issued an Executive Order (EO) providing formal direction to the Committee on Foreign Investment in the United…
