On September 1, the new Failure to Prevent Fraud offense will come into force, which has extraterritorial effect and significantly expands corporate liability for nine types of fraud committed by associated persons. The UK...more
The settlement is the latest example of the agency’s enhanced criminal enforcement of money transmitting business and international money-laundering laws.
The recent settlement is significant both in terms of its amount...more
9/23/2024
/ Bank Secrecy Act ,
Casinos ,
CFTC ,
China ,
Criminal Investigations ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement ,
Foreign Currency ,
Money Laundering ,
Money Transmitter ,
Settlement ,
Suspicious Activity Reports (SARs)