May 30 2016
With the Panama Papers scandal and government promises of continued aggressive AML enforcement, financial institutions face a variety of risks that…
July 9 2015
Financial institutions have a lengthy list of Anti-Money Laundering compliance requirements. They face a mountain of risks from a large number of…
April 3 2016
Showing my age again, Woody Allen’s Take the Money and Run included a hilarious scene when Woody’s parents wearing Groucho Marx glasses talk about…
September 26 2016
Wells Fargo's cultural tone is not easily segregated between "top," "middle" and "bottom." Despite the recent cross-selling scandal, in which the…
June 28 2016
Humans have a tendency to make things more complicated than they really are. To capture the flavor of my sentiment, all you need to do is watch the…
March 26 2019
The Justice Department is wedded to its FCPA Corporate Enforcement Policy (excuse me for the use of “wedded,” we recently celebrated our son’s…
March 14 2019
You've heard this before, but it still holds true - cryptocurrency regulations are coming. Everyone knows they're inevitable, and there has been some…
October 11 2016
The Och-Ziff settlement has now set the stage for the Justice Department and the SEC to focus its enforcement eye on the private equity and hedge…
October 10 2016
The Och-Ziff enforcement action is replete with examples of failures in due diligence and transaction monitoring compliance. Och-Ziff’s bribery…
October 9 2016
The Justice Department and the Securities Exchange Commission delivered a powerful FCPA enforcement message to private equity and hedge funds…