Mondaq USA: Government, Public Sector > Money Laundering
Duff and Phelps
In this edition of Regulatory Focus, Duff & Phelps provides a synopsis of the FCA's latest news and publications issued in May 2017.
Proskauer Rose LLP
The FCA published its Policy Statement on the FCA's disclosure rules following application of PRIIPs Regulation (PS17/6).
Orrick
On March 9, 2017, the European Parliament published a report on the Fifth Money Laundering Directive (MLD5),
Shearman & Sterling LLP
On February 20, 2017, the ESAs published a joint Opinion on the risks of money laundering and terrorist financing affecting the EU's financial sector.
Shearman & Sterling LLP
On February 10, 2017, the Joint Committee of the European Supervisory Authorities launched a consultation on proposed RTS on the criteria for when a central contact point is appropriate...
Cadwalader, Wickersham & Taft LLP
On August 24, 2017, the New York State Department of Financial Services ("DFS") instituted enforcement proceedings against a Pakistani bank seeking a $630 million civil penalty for alleged "AML" violations.
Kramer Levin Naftalis & Frankel LLP
Paris counsel Pierre Storrer's article "Anti-Money Laundering: Application of the Tegister for Beneficial Owners of Legal Entities" appeared in the July-August 2017 issue of the French publication Banque & Droit.
Cadwalader, Wickersham & Taft LLP
The Financial Crimes Enforcement Network ("FinCEN") expanded its use of Geographic Targeting Orders ("GTOs") broadening efforts to combat money laundering in the luxury residential real estate market.
Ropes & Gray LLP
The DOJ secured an important victory for its FCPA enforcement efforts on July 27, 2017, when a Manhattan jury found Chinese billionaire Ng Lap Seng guilty on six counts related to a bribery scheme.
Akin Gump Strauss Hauer & Feld LLP
The service was used in conjunction with crimes ranging from identity theft and fraud to drug trafficking.
Day Pitney LLP
Dina Kapur Sanna and Carl A. Merino co-authored an article, "Long Arm of the Law: The Risk to U.S. Practitioners of Prosecution for Facilitating Foreign Tax Offenses,"...
Cadwalader, Wickersham & Taft LLP
The Board of Governors of the Federal Reserve System ("FRB") imposed a $41 million fine on Deutsche Bank AG and its U.S. operations for anti-money laundering ("AML") and Bank Secrecy Act...
Akin Gump Strauss Hauer & Feld LLP
Read the latest edition of Red Notice, a monthly update on global investigations and prosecutions that cross multiple jurisdictions. Red Notice focuses on developments related to anticorruption...
Sheppard Mullin Richter & Hampton
Also in the past week, Robert Mueller, Special Counsel, was appointed by the U.S. Department of Justice to conduct an independent investigation regarding Russia's cyberattack.
Frost Brown Todd
On February 27, 2017, The Financial Crimes Enforcement Network ("FinCEN") fined Merchants Bank of California ("Merchants") $7 million for what it called "egregious" violations of the Bank Secrecy Act ("BSA").
Cadwalader, Wickersham & Taft LLP
FinCEN and the United States Attorney's Office for the Southern District of New York announced the settlement of charges that FinCEN previously filed against Thomas Haider...
WilmerHale
Over the past year, regulators continued to actively examine compliance, introduce new and heightened requirements, recalibrate global priorities, and aggressively pursue enforcement.
Cadwalader, Wickersham & Taft LLP
The NFA advised futures commission merchants and independent brokers that they should revise their anti-money laundering programs to reflect the most current information on jurisdictions identified by the Financial Action Task Force ("FATF").
Cadwalader, Wickersham & Taft LLP
FinCEN notified U.S. financial institutions that the Financial Action Task Force ("FATF") updated the list of jurisdictions with strategic deficiencies in combating anti-money laundering and countering the financing of terrorism ("AML/CFT").
Cadwalader, Wickersham & Taft LLP
FDIC Chair Martin Gruenberg addressed some of the key challenges faced by financial institutions in carrying out compliance programs related to money laundering and terrorist financing.
Most Popular Recent Articles
Cadwalader, Wickersham & Taft LLP
The Financial Crimes Enforcement Network ("FinCEN") expanded its use of Geographic Targeting Orders ("GTOs") broadening efforts to combat money laundering in the luxury residential real estate market.
Cadwalader, Wickersham & Taft LLP
On August 24, 2017, the New York State Department of Financial Services ("DFS") instituted enforcement proceedings against a Pakistani bank seeking a $630 million civil penalty for alleged "AML" violations.
Kramer Levin Naftalis & Frankel LLP
Paris counsel Pierre Storrer's article "Anti-Money Laundering: Application of the Tegister for Beneficial Owners of Legal Entities" appeared in the July-August 2017 issue of the French publication Banque & Droit.
Akin Gump Strauss Hauer & Feld LLP
The service was used in conjunction with crimes ranging from identity theft and fraud to drug trafficking.
WilmerHale
Over the past year, regulators continued to actively examine compliance, introduce new and heightened requirements, recalibrate global priorities, and aggressively pursue enforcement.
Arnold & Porter Kaye Scholer LLP
Recent agency guidance, rulemakings, and enforcement actions—all issued prior to the change in administrations—demonstrate the financial regulatory agencies' commitment to enforcing the Bank Secrecy Act...
Akin Gump Strauss Hauer & Feld LLP
Read the latest edition of Red Notice, a monthly update on global investigations and prosecutions that cross multiple jurisdictions. Red Notice focuses on developments related to anticorruption...
Cadwalader, Wickersham & Taft LLP
Marijuana might be legal in some places, but as IRS audits increasingly show, just doing business with the legal marijuana industry brings significant compliance challenges, especially for the financial services world.
Ropes & Gray LLP
The DOJ secured an important victory for its FCPA enforcement efforts on July 27, 2017, when a Manhattan jury found Chinese billionaire Ng Lap Seng guilty on six counts related to a bribery scheme.
Frost Brown Todd
On February 27, 2017, The Financial Crimes Enforcement Network ("FinCEN") fined Merchants Bank of California ("Merchants") $7 million for what it called "egregious" violations of the Bank Secrecy Act ("BSA").
Article Search Using Filters
Related Topics
Mondaq Advice Center (MACs)
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter
Partners
In association with