On April 28, 2022, the Acting Director of the Financial Crimes Enforcement Network (“FinCEN”), Himamauli Das (“Das”), appeared before the U.S. House Committee on Financial Services to provide an update on FinCEN’s...more
Global environmental crime—the third largest illicit activity in the world, according to a report by the FATF—is estimated to generate hundreds of billions in illicit proceeds annually. This criminal activity harms human...more
Danske Bank (Danske) recently secured a big victory in the United States Court of Appeals for the Second Circuit. On August 25, 2021, the appellate court unanimously affirmed the Southern District of New York’s dismissal of...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