The Fifth Circuit granted a stay of the nationwide injunction that paused reporting requirements under the Corporate Transparency Act. As a result, reporting companies are once again requ...
The Commerce Department’s Bureau of Industry and Security released new guidance that, although new regulations have not been adopted, implies a significant expansion of U.S. export cont...
FinCEN finalized a rule that targets illicit finance in the real estate sector and imposes new reporting requirements with respect to certain non-financed residential real estate transact...
FinCEN’s Investment Adviser Rule will, as of January 1, 2026, require certain investment advisers to implement and maintain AML/CFT compliance programs and monitor for and report suspic...
Davis Polk partner Dan Stipano and associates Kendall Howell and Charles Marshall Wilson authored “Anti-money laundering: Countering the financing of terrorism” in the September 2024/...
The Proposed Rule would formalize the requirement for a risk assessment, incorporate Treasury’s AML/CFT Priorities and emphasize the risk-based nature of the AML/CFT program requirement...
The U.S. Treasury Department released its 2024 national illicit finance strategy, which outlines the U.S. government’s goals, objectives, and priorities to disrupt and prevent illicit f...
In a joint rulemaking, FinCEN and the SEC issued a proposed rule that would require certain investment advisers to establish risk-based customer identification programs.
In an important step forward, the House is set to vote on a bill that would establish a comprehensive regulatory framework for digital assets and offer important protections for customers...
