Paul Hastings LLP | USA | 23 Feb 2024
On February 13, 2024, the United States Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a proposed rule that would apply…
Covington & Burling LLP | USA | 20 Feb 2024
On February 13, 2024, the Department of the Treasury’s (“Treasury”) Financial Crimes Enforcement Network (“FinCEN”) released a notice of proposed…
Fried Frank Harris Shriver & Jacobson LLP | USA | 16 Feb 2024
On February 15, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a proposed rule (“the Proposed…
Lexology PRO | Australia, European Union, Global, etc. | 29 Jan 2024
Financial institutions have long feared sharing customer information for fear of breaching their legal and regulatory obligations. What data can they share? And what safeguards must they put in place beforehand?
Lexology PRO | USA | 22 Jan 2024
The Federal Reserve and the New York Department of Financial Services have ordered Industrial and Commercial Bank of China’s New York branch to pay more than US$30 million.
Lexology PRO | China, USA | 22 Jan 2024
Investigations by the DFS and Federal Reserve revealed that the Chinese bank’s anti-money laundering and OFAC sanctions screening programmes were deficient for years, among other failings.
Lexology PRO | USA | 16 Jan 2024
This guide will assist in-house counsel and private practice lawyers with the creation of sanctions screening programs under the US Anti-Money Laundering Act of 2020, Division F of the William M (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (AMLA).
Lexology PRO | USA | 16 Jan 2024
This checklist will assist in-house counsel and compliance teams who work in financial institutions and are responsible for monitoring and reporting suspicious activity to the Financial Crimes Enforcement Network (FinCEN) of the US Treasury
Lexology PRO | USA | 5 Jan 2024
This guide will assist in-house counsel and private practice lawyers within financial institutions to ensure suspicious activity reporting compliance.
Lexology PRO | USA | 5 Jan 2024
This checklist will assist in-house counsel and compliance teams at financial institutions who are responsible for ensuring compliance with currency transaction reporting requirements as required by the Currency and Foreign