In June 2024, multiple state regulators took joint action against Plutus Financial, Inc (Abra) ordering Abra to cease and desist certain operations in the U.S. and reimburse customers of virtual assets valued at $81.1 million...more
7/25/2024
/ Anti-Money Laundering ,
BSA/AML ,
Cease and Desist Orders ,
CFTC ,
Compliance ,
Department of Justice (DOJ) ,
Digital Assets ,
Due Diligence ,
FinCEN ,
FinTech ,
Know Your Customers ,
Policies and Procedures ,
Reimbursements ,
Risk Assessment ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Training
...While reliable information from China has always come at a premium, recent restrictions on previously available business intelligence as well as Chinese enforcement actions against foreign investigative diligence firms are...more
9/14/2023
/ Anti-Corruption ,
Anti-Money Laundering ,
China ,
Compliance ,
Economic Sanctions ,
Enforcement Actions ,
Espionage ,
Executive Orders ,
Exports ,
Forced Labor ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Investment ,
International Data Transfers ,
Money Transfer ,
National Security ,
Risk Management ,
Supply Chain ,
Trade Bans ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Venture Capital