While the Supreme Court granted the government’s motion to stay the nationwide injunction issued in Texas Top Cop Shop, Inc. v. McHenry, reporting companies are still not required to su...
Reversing an order issued earlier this week, the Fifth Circuit reinstated the nationwide injunction on enforcement of the Corporate Transparency Act, placing reporting requirements back o...
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...
