Effective February 20, 2025, the United States Designated Eight Cartels and Transnational Criminal Organizations (TCOs) as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs)....more
2/25/2025
/ Anti-Money Laundering ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Financial Crimes ,
Foreign Policy ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Terrorist Organizations ,
U.S. Treasury
On October 28, 2024, the US Department of the Treasury issued a final rule (the “Rule”) to implement Executive Order 14105 (“EO”) establishing a new Outbound Investment Program ("OIP") to prohibit or require notification of...more
11/14/2024
/ Artificial Intelligence ,
China ,
Compliance ,
Foreign Investment ,
Hong Kong ,
Investment ,
Macau ,
Machine Learning ,
National Security ,
Outbound Transactions ,
Technology Sector ,
U.S. Treasury
On June 21, 2024, the US Department of the Treasury issued a Notice of Proposed Rulemaking (“Proposed Rule”) to implement Executive Order 14105 (“EO”) establishing a new Outbound Investment Program ("OIP") to prohibit or...more
On August 9, 2023, President Biden issued a long-awaited Executive Order ("the EO") establishing a new Outbound Investment Program ("OIP") to prohibit certain outbound US investments to China (including Hong Kong and Macau)...more
8/18/2023
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Biden Administration ,
China ,
Executive Orders ,
Foreign Investment ,
National Security ,
Notice Requirements ,
Outbound Transactions ,
Popular ,
Prohibited Transactions ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
On October 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control ("OFAC") issued a brochure to promote sanctions compliance in the virtual currency industry (the "Guidance")1 and updated two related...more
TABLE OF CONTENTS:
Executive Summary -
Developments and Trends in Policy and Enforcement
- US Department of the Treasury
- The Office of Foreign Assets Control
- Treasury's Financial Crimes Enforcement Network
-...more
1/22/2019
/ Anti-Money Laundering ,
Banks ,
Broker-Dealer ,
BSA/AML ,
CFTC ,
Civil Monetary Penalty ,
Compliance ,
Cuba ,
Customer Due Diligence (CDD) ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Digital Currency ,
Economic Sanctions ,
Enforcement Actions ,
FDIC ,
FFIEC ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
FinCEN ,
FinTech ,
FRB ,
Guilty Pleas ,
Information Sharing ,
Investment Banks ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Nicaragua ,
North Korea ,
NYDFS ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Piling-On ,
Russia ,
Sanction Violations ,
Securities and Exchange Commission (SEC) ,
Settlement ,
Sudan ,
Suspicious Activity Reports (SARs) ,
Syria ,
Terrorism Funding ,
U.S. Treasury ,
Ukraine ,
Venezuela