On August 1, 2024, the Department of Justice launched its Corporate Whistleblower Awards Pilot Program (the “Pilot Program”). Under this 3-year initiative managed by DOJ’s Criminal Division, a whistleblower may be eligible...more
8/12/2024
/ AML/CFT ,
Anti-Money Laundering ,
Bank Secrecy Act ,
BSA/AML ,
Department of Justice (DOJ) ,
Financial Institutions ,
Financial Services Industry ,
Money Laundering ,
Pilot Programs ,
Terrorist Financing Regulations ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers
Summary -
The Department of Justice’s creation of two new leadership positions within the National Security Division (NSD) sends another strong signal to the private sector that federal law enforcement is pouring resources...more
On March 24, 2017, the U.S. Department of Justice unsealed an indictment charging Kassim Tajideen, an alleged prominent financial supporter of the Hizballah terror organization, with evading U.S. sanctions and conspiring to...more
3/31/2017
/ AML/CFT ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Fraudulent Wire Transfers ,
Hizballah ,
Indictments ,
International Emergency Economic Powers Act (IEEPA) ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Terrorism Funding ,
Terrorist Financing Regulations
The Department of Justice (DOJ) recently announced the largest coordinated international law enforcement effort ever directed at an online cyber-criminal forum. Financial institutions and other companies should consider...more
7/24/2015
/ Best Practices ,
Criminal Prosecution ,
Cyber Crimes ,
Cybersecurity ,
Department of Justice (DOJ) ,
Enforcement Actions ,
FBI ,
Financial Institutions ,
Hackers ,
Malware ,
New Guidance ,
NIST