In 2022, anti-money laundering ("AML") and sanctions controls were at the center of regulatory and enforcement activities in the United States and abroad. Globally, governments have continued to recognize the impact of AML...more
The Situation: Many banks and other businesses face lawsuits under the Anti-Terrorism Act ("ATA") seeking to hold them liable for providing services to customers with varying degrees of often-attenuated connections to...more
2020 witnessed a flurry of anti-money laundering activity, with the issues and developments continuing to be global in scope. In the United States, suspicious activity reports, outlining transactions involving terrorism...more