On October 19, 2022, the U.S. Attorney’s Office for D.C., on behalf of the Financial Crimes Enforcement Network (“FinCEN”), filed a civil complaint against Larry Dean Harmon (“Harmon”), seeking $60 million in civil penalties...more
But AML Concerns Linger As To “High End” Art and NFTs -
On February 4, 2022, the U.S. Department of the Treasury published a study (the “Study”) on the facilitation of money laundering (“ML”) and terrorist financing (“TF”)...more
Seventh Post in an Extended Series on Legislative Changes to BSA/AML Regulatory Regime -
On April 5, 2021, the Financial Crimes Enforcement Network (“FinCEN”) issued an advance notice of proposed rulemaking (“ANPRM”) to...more
Revisions to BSA Will Inform Regulatory Examinations for Years to Come -
Third Post in an Extended Series on Legislative Changes to BSA/AML Regulatory Regime -
As we have blogged, the Anti-Money Laundering Act of 2020...more
Advisory Suggests that COVID-19 Pandemic Exacerbates Conditions Contributing to Trafficking -
The Financial Crimes Enforcement Network (“FinCEN”) recently issued an Advisory on Identifying and Reporting Human Trafficking and...more