FinCEN’s proposed rule establishes the framework for a limited-duration pilot program that would allow financial institutions to share suspicious activity reports with their foreign bus...
FinCEN’s proposed rule addresses requirements for reporting companies to submit their beneficial ownership and company applicant information to the agency, the first of three rules crea...
Updated in response to an increase in ransomware attacks against critical infrastructure, the revised advisory identifies new trends, typologies and indicators of ransomware payments and ...
The Financial Action Task Force released an updated version of its guidance on the application of its recommendations to virtual assets and virtual asset service providers on October 28, ...
In a recent speech, PADAG John Carlin previewed DOJ’s refocused corporate enforcement efforts and priorities. He addressed a variety of topics, including an upcoming review and revision...
A new OFAC guidance document sets out U.S. sanctions compliance requirements for the virtual currency industry and highlights OFAC’s view of compliance best practices for that industry....
The CFTC and FinCEN recently announced a settlement with BitMEX for $100 million to resolve an enforcement action related to the exchange’s failure to register as a futures commission m...
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
Davis Polk’s webinar discusses some of this year’s key enforcement trends and developments in U.S. sanctions, anti-money laundering and other corporate actions. Topics include:
Key...
FinCEN recently issued the much-anticipated national AML/CFT priorities and announced its intention to implement a no-action letter process to complement to its current regulatory guidanc...
