News & Analysis as of

Department of Justice (DOJ) Anti-Money Laundering Federal Reserve

Holland & Knight LLP

Executive Order Briefing: Guaranteeing Fair Banking for All Americans

Holland & Knight LLP on

President Donald Trump on Aug. 7, 2025, signed an executive order (EO or order) titled "Guaranteeing Fair Banking for All Americans," which declares that no American should be denied access to financial services based on...more

Ballard Spahr LLP

SDNY Court Finds Broad Fed Powers Over Master Accounts in Puerto Rican Bank Case Involving AML Concerns

Ballard Spahr LLP on

The United States District Court for the Southern District of New York (the “Court”) has issued a detailed and complicated Order in the case Banco San Juan Internacional, Inc. v. Fed. Reserve Bank of New York, denying a...more

Robins Kaplan LLP

Financial Daily Dose 12.7.2020 | Top Story: November Hiring Well Below Expectations as Employment Recovery Stalls

Robins Kaplan LLP on

Friday’s jobs report was not only 200,000 jobs below projections for November, but it marked the fifth straight month of a diminished pace of hiring in the United States and brought urgency to facing the reality that there...more

Robins Kaplan LLP

Financial Daily Dose 6.17.2020 | Top Story: Consumer Spending Surged 17.7% in May, but Economists Warn of Yearslong Recovery Ahead

Robins Kaplan LLP on

May saw a huge jump in consumer activity to the tune of +17.7%, as Americans unleashed their pent-up demand. It was welcome news for markets and beyond, but “the underlying data presents a more complicated picture and shows...more

Robins Kaplan LLP

Financial Daily Dose 7.11.2019 | Top Story: Fed Chair Primes Markets for July Rate Cut

Robins Kaplan LLP on

The big takeaway from Day 1 of Fed Chair Powell’s Congressional testimony is that a July rate cut is still definitely on the table, despite last week’s strong US jobs numbers.  As the Times puts it, “That the Fed is...more

Robins Kaplan LLP

Financial Daily Dose 6.25.2019 | Top Story: Allergan and AbbVie Combine Forces in $63 Billion Deal

Robins Kaplan LLP on

Massive pharma news to start the day, with AbbVie announcing that it’s reached a deal to buy Allergan for roughly $63 billion. The tie-up is seen as giving AbbVie a “dominant position in the $8 billion-plus market for Botox...more

Robins Kaplan LLP

Financial Daily Dose 5.23.2019 | Top Story: Deutsche Bank admits to using faulty AML software

Robins Kaplan LLP on

Deutsche Bank on Wednesday confirmed the basics of a recent German newspaper report that revealed that the bank “had used faulty software to screen customer transactions for suspicious activity” while claiming that “no...more

Nutter McClennen & Fish LLP

Nutter Bank Report, October 2018

Agencies Issue Joint Statement on BSA/AML Resource Sharing Arrangements - The federal banking agencies, along with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) and the NCUA, have...more

Moore & Van Allen PLLC

Anti-Money Laundering and Bank Secrecy Act Update

Moore & Van Allen PLLC on

After the Panama Papers exposed efforts by wealthy individuals and government officials to hide funds offshore, government authorities around the world have responded with new legislation, regulations and enforcement actions...more

9 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide