On July 6, five federal agencies − the Board of Governors of the Federal Reserve System (“FRB”), Federal Deposit Insurance Corporation (“FDIC”), Financial Crimes Enforcement Network (“FinCEN”), National Credit Union...more
On May 27, OFAC announced a civil settlement with a Puerto Rico-based bank in connection with apparent violations of the Venezuela Sanctions Regulations. While the settlement amount of $255,938 is a fraction of the...more
It should come as no surprise that the crushing sanctions imposed on Russia in recent weeks will be met with efforts to evade their impact. From Russian firms starved for U.S. dollars to oligarchs starved for that new villa...more
3/17/2022
/ Biden Administration ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Digital Currency ,
Economic Sanctions ,
Enforcement Priorities ,
Financial Services Industry ,
Financial Transactions ,
Military Conflict ,
Russia ,
Ukraine
California’s ambitious new data privacy law, the California Consumer Privacy Act of 2018 (“CCPA”), will go into effect on January 1, 2020 and promises to bring a new era of digital regulation to America’s shores. ...more
3/4/2019
/ California Consumer Privacy Act (CCPA) ,
Consumer Privacy Rights ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
Data Protection ,
Financial Institutions ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Personal Data ,
Personally Identifiable Information ,
Privacy Laws