News & Analysis as of

White Collar Crimes Terrorism Funding

Morrison & Foerster LLP

Terrorism Designations Primer: Process, Authorities, and Recourse

Since the mid-1990s, the Executive Branch has sought to target foreign terrorist organizations, and those individuals and organizations supporting them, in order to degrade their funding and support. Organizations and...more

Barnea Jaffa Lande & Co.

The Italian Mafia, Interpol and unrecovered billions: the global battle over organized crime money

In early January 2025, Interpol published its first Silver Notice seeking information about assets held worldwide by a senior member of the Italian mafia. The Silver Notice is the latest addition to Interpol’s suite of...more

The Volkov Law Group

European Council Officially Adopts New AML/CFT Package

The Volkov Law Group on

On May 30, 2024, following passage by the European Parliament in late April, the European Council officially adopted a set of rules that modernizes and harmonizes money laundering and terrorist financing (“AML/CFT”)...more

Ballard Spahr LLP

Treasury Department’s 2020 National Illicit Finance Strategy: Aspirations for BSA/AML Modernization and the Combatting of Key...

Ballard Spahr LLP on

First in a Two-Post Series - The U.S. Department of Treasury (“Treasury”) has issued its 2020 National Strategy for Combating Terrorist and Other Illicit Financing (“2020 Strategy”)....more

Hogan Lovells

The Australian Government introduces the Crimes Legislation Amendment (Combatting Corporate Crimes) Bill 2019 (Cth) targeting...

Hogan Lovells on

Recently, three of Australia's four largest banks have self-reported breaches of anti-money laundering and counter-terrorism financing laws. Commonwealth Bank of Australia in 2018 admitted fault and agreed to pay a civil...more

Orrick, Herrington & Sutcliffe LLP

The implementation of the Fifth Anti Money Laundering Directive in German Law – Tighten the tight?

In the course of the “Panama Paper” scandal, Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing – known as 4. Anti-Money Laundering...more

Foodman CPAs & Advisors

In or Out of the Bank?

Foodman CPAs & Advisors on

With whom we do business can be critical to combating identity theft, financial fraud, money laundering and terrorism. Vetting individuals and entities is necessary for preventing financial crimes. ...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

On Wednesday, the Census Bureau reported that median household income in the US reached just over $61k—a level it described as “statistically indistinguishable” from its pre-crisis level in 2007. Lots more here on the numbers...more

Thomas Fox - Compliance Evangelist

Why FCPA Compliance Makes America Great

Last week, a colleague asked me what I thought the Trump administration might hold for Foreign Corrupt Practices Act (FCPA) enforcement specifically and for the greater compliance discipline in general. I have been exploring...more

Thomas Fox - Compliance Evangelist

FCPA Enforcement Going Forward in the Trump Administration

Donald Trump has gone on the record as saying the Foreign Corrupt Practices Act (FCPA) is a “horrible law and it should be changed” and that it puts US businesses at a “huge disadvantage.” This statement was made in the...more

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