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 Biden administration released its proposed rule that would establish a regulatory framework for outbound investments in China, following its advanced notice of proposed rulemaking rel...
In the past few weeks, the United States has announced several significant new restrictions targeting Russia, including expanded authority to impose secondary sanctions on foreign financi...
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.
The U.S. Congress attached a range of unrelated measures to the recent military aid package to Taiwan, Ukraine, and Israel extending the statute of limitations for sanctions violations, r...
A proposed rule from Treasury continues CFIUS’s focus on investigation and enforcement and tightens the timelines when negotiating mitigation agreements with CFIUS.
The DOJ’s National Security Division recently updated its voluntary self-disclosure policy, highlighting the importance of sanctions and export control-related due diligence in M&A tran...
The U.S. District Court, Northern District of Alabama held that the Corporate Transparency Act is unconstitutional and permanently enjoined enforcement of the Act against the plaintiffs ?...
FinCEN issued its long-awaited proposed rule that would impose AML/CFT obligations on certain investment advisers, such as requirements to implement and maintain an AML/CFT compliance pro...
