News & Analysis as of

Financial Crimes Trump Administration

Stinson LLP

Federal Government Initiatives Combat Fraud and Promote Digitalization of Payments

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Continuing the war on fraud and the attendant financial losses for U.S. businesses, consumers and government alike, the U.S. Department of the Treasury and federal banking agencies have launched a wide-ranging initiative...more

Holland & Knight LLP

CFPB Provides Guidance on Referrals for Potential Criminal Enforcement

Holland & Knight LLP on

The CFPB has issued a policy statement describing its plan to address criminally liable regulatory offenses. President Donald Trump previously issued an executive order on May 9, 2025, requiring each federal agency to publish...more

Troutman Pepper Locke

In Response to the President’s Directive, CFPB Unveils New Strategy to Tackle Criminal Regulatory Offenses

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Today, the Consumer Financial Protection Bureau (CFPB or Bureau) published a policy statement in the Federal Register outlining its approach to addressing criminally liable regulatory offenses. This publication comes in...more

Holland & Knight LLP

Mexico Creates Specialized General Agency on Criminal Organizations

Holland & Knight LLP on

Mexico's Official Gazette of the Federation (Diario Oficial de la Federación) published a decree to reform and add provisions to the Internal Regulations of the Ministry of Finance and Public Credit (SHCP), establishing the...more

Saul Ewing LLP

DOJ's New Direction: Implications of the Trump Administration's Recently Announced Corporate Enforcement Framework

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A Significant Shift in White Collar Criminal Enforcement - The Department of Justice (“DOJ”) has unveiled a comprehensive plan for its white-collar crime enforcement strategy, laying out the “high-impact” areas where...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: May 29, 2025, The 0 – 3 Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance...more

Robinson & Cole LLP

Legal Update: DOJ Announces Long-Awaited Corporate Enforcement Priorities

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On May 12, 2025, the Department of Justice’s (DOJ) Criminal Division issued a much-anticipated memorandum outlining its enforcement priorities and policies for prosecuting corporate and white-collar crimes. The memorandum,...more

Bradley Arant Boult Cummings LLP

Washington’s War on Cartels Continues: What Financial Institutions Should Know About Oil Smuggling, Money Laundering &...

The Trump administration remains focused on countering Mexican cartels and other Latin American transnational criminal organizations (TCOs). Since designating eight TCOs as foreign terrorist organizations (FTOs), the...more

Lowenstein Sandler LLP

First Terrorism Indictments Announced Over Drug Cartel Support

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Last Friday, the U.S. Department of Justice (DOJ) unsealed its first indictment against a foreign national for providing material support to a Mexican drug cartel that the current administration recently designated a foreign...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: May 22, 2025, The Trump and Dump Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance...more

Carlton Fields

Shifting Priorities in White Collar Enforcement: May 2025 DOJ Memo and What It Means for Companies

Carlton Fields on

On May 12, 2025, the Department of Justice (DOJ) Criminal Division announced significant changes in its policies on investigating and prosecuting white collar crime, including a shift in focus toward several areas deemed to...more

Polsinelli

Focus, Fairness and Efficiency: DOJ Reveals Administration’s Plans for Enforcement of Corporate and White-Collar Crime

Polsinelli on

Key Takeaways - DOJ Criminal Division will prioritize enforcement in key areas, including health care fraud, trade and customs violations and national security-related financial crimes....more

Katten Muchin Rosenman LLP

Think Compliance Got Easier? Think Again—DOJ’s New Era in White-Collar Enforcement

Many have speculated as to how white-collar enforcement may change during President Trump’s second term. A recent memorandum by the Head of the Department of Justice’s (“Department”) Criminal Division, Matthew R. Galeotti,...more

Foley & Lardner LLP

DOJ Criminal Division Updates (Part 1): DOJ’s New White Collar Crime Enforcement Plan

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On May 12, DOJ’s Criminal Division head, Matthew G. Galeotti, issued a memo to all Criminal Division personnel, entitled “Focus, Fairness, and Efficiency in the Fight Against White-Collar Crime,” to “outline the Criminal...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: May 16, 2025, The Ethics Nightmare Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you compliance related stories to start your day. Sit back, enjoy a cup of morning coffee and listen in to the Daily Compliance News....more

Troutman Pepper Locke

DOJ’s Criminal Division Announces Updates to White-Collar Enforcement and Corporate Policies

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On May 12, 2025, the Head of the Criminal Division (the Criminal Division or Division) at the Department of Justice (DOJ), Matthew R. Galeotti, issued key memoranda to Criminal Division personnel on the Division’s new...more

Snell & Wilmer

DOJ Announces Updated Corporate and White-Collar Enforcement Policy

Snell & Wilmer on

On May 12, 2025, Matthew R. Galeotti — Head of the U.S. Department of Justice (DOJ) Criminal Division — issued an updated enforcement policy detailing the Criminal Division’s priorities for prosecuting corporate and...more

DLA Piper

Long-Awaited DOJ Guidance on White Collar Enforcement Priorities and Policies: Key Takeaways

DLA Piper on

This guidance follows a number of Executive Orders (EOs) and other memoranda from the DOJ, including (1) the February 10, 2025 EO pausing enforcement of the Foreign Corrupt Practices Act (FCPA) for 180 days, pending the...more

Thomas Fox - Compliance Evangelist

Compliance into the Weeds: Leaving on a (Qatari) Jet Plane

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. Are you looking for some...more

DLA Piper

US Treasury Takes on Cartels Part Deux: Combating Cartel-Connected Oil Smuggling Schemes

DLA Piper on

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of Foreign Assets Control (OFAC), the US Drug Enforcement Administration (DEA), the Federal Bureau of...more

Estlund Law, P.A.

Lyon, France- INTERPOL’s Newest Notice Is Silver (Part 3 of 3: President Trump Has A Crypto Business And He Disbanded The U.S....

Estlund Law, P.A. on

Our last 2 posts discussed INTERPOL’s new Silver Notices and how they relate to crypto, along with the current U.S. presidential administration’s reversal of crypto-related crime-fighting measures as the rest of the world...more

Estlund Law, P.A.

Lyon, France- INTERPOL’s New Notice Is Silver (Part 2 Of 3: The U.S. Softens Its Crypto Enforcement Mechanism)

Estlund Law, P.A. on

Our last post focused on INTERPOL’s newest notice, the Silver Notice. This new tool allows member countries to request information on assets linked to a person’s criminal activities such as fraud, corruption, drug...more

Ballard Spahr LLP

Citing CFPB cutbacks, Pennsylvania Governor is beefing up consumer protection efforts

Ballard Spahr LLP on

Citing cutbacks at the federal level, Pennsylvania Governor Josh Shapiro has launched a new centralized consumer protection hotline, website and email address to make it easier for state residents to report allegations of...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – May 2025

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Morrison & Foerster LLP

FTO Designations Heighten Risks for Companies Operating in Latin America / Las designaciones de FTO aumentan los riesgos para las...

Key Takeaways- • Recent Foreign Terrorist Organization (FTO) designations affecting cartels and transnational criminal organizations (TCOs) have equipped the Department of Justice (DOJ) with a powerful source of authority...more

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