Practice & Industry Areas

President Obama Signs New Iranian Sanctions Legislation

July 26, 2010

FinCEN Issues Guidance to Financial Institutions Based on the FATF Publication On AML and Counter-Terrorist Financing Risks

July 20, 2010

The Financial Action Task Force Removes Ecuador From its List of Jurisdictions with Strategic AML/CFT Deficiencies

June 29, 2010

FinCEN Issues Advisory on the Continuing Illicit Finance Threat Emanating from Iran

June 24, 2010

FinCEN Issues Advisory on Newly Released Mexican Regulations Imposing Restrictions on Mexican Banks for Transactions in U.S. Currency

June 24, 2010

The Financial Crimes Enforcement Network Issues Notice of Proposed Rulemaking to Establish More Comprehensive Regulatory Framework for Non-bank Prepaid Access

June 23, 2010

HIRE Act Will Impose New Burdens on Foreign Financial Institutions

June 17, 2010

Reminder: The Federal Reserve Amendments to Regulation E Limiting the Ability of Financial Institutions to Assess Overdraft Fees for ATM and One-Time Debit Transactions Become Effective July 1, 2010

June 16, 2010

FTC Extends the Enforcement Deadline for Identity Theft Red Flags Rule

June 03, 2010

The Deadline to Comply with the Requirements of the Unlawful Internet Gambling Enforcement Act is June 1, 2010

May 28, 2010

Venezuela Suspends Trading of Government Bonds

May 20, 2010

FFIEC Releases the 2010 Version of the Bank Secrecy Act/Anti-Money Laundering Examination Manual

April 29, 2010

Seven UBS Clients Charged with Hiding Over $100 Million in Secret Swiss Accounts to Defraud the IRS

April 22, 2010

FinCEN Continues to Encourage Financial Institutions to Electronically File BSA Reports

April 22, 2010

The Federal Reserve Amends Regulation E to Limit the Ability of Financial Institutions to Assess Overdraft Fees for ATM and One-Time Debit Transactions

March 26, 2010

FinCEN Issues Guidance to Financial Institutions Based on Anti-Money Laundering and Counter-Terrorist Financing Risks

March 19, 2010

Wachovia Enters into Deferred Prosecution Agreement and Agrees to Pay $160 Million in Fines

March 18, 2010

The Financial Crimes Enforcement Network Issues Advisory on Reporting Suspected Trade-Based Money Laundering

February 18, 2010

The Financial Action Task Force Identifies Ecuador as a Jurisdiction with Strategic AML/CFT Deficiencies

February 18, 2010

The Financial Action Task Force is Expected to Include Ecuador on its High Risk Jurisdiction List

February 17, 2010

FinCEN Issues Final Rule Expanding Section 314(a) Requests/Foreign Law Enforcement

February 08, 2010

OFAC Issues Belarus Sanctions Regulations

February 04, 2010

FINcen Issues Clip Exception for Customers Subject to Confidentiality Programs

January 12, 2010

Deadline to Comply with the Requirements of the Unlawful Internet Gambling Enforcement Act is Extended

December 01, 2009

Federal Regulators of Financial Services Providers Adopt a New Model Privacy Notice that May be Relied on as a Privacy Disclsoures Safe Harbor

November 25, 2009

FinCEN Proposed Rule Expanding Section 314(a) Requests/Foreign Law Enforcement Agencies and State/Local Law Enforcement

November 18, 2009

Federal Reserve Proposed Rules: Incentive Compensation

November 18, 2009

OFAC Releases Economic Sanctions Enforcement Guidelines Final Rule

November 12, 2009

Chile Strengthens Powers to Access Bank Data

November 05, 2009

Federal Trade Commission Extends the Enforcement Deadline for Identity Theft Red Flags Rule

November 04, 2009

Deadline to Comply with the Requirements of the Unlawful Internet Gambling Enforcing Act is Approaching

October 19, 2009

FinCEN Announces the Release of Issue 16 of the SAR Activity Review

October 19, 2009

FinCEN Announces New Outreach Program to Depository Institutions with Assets under $5 Billion

October 19, 2009

Attorneys complete rare IPO for bank with acquisition plans

October 15, 2009

Federal Reserve Proposes Rules to Amend the Credit Card Provisions of Regulation Z

October 05, 2009

Office of Foreign Assets Control Amends the Cuban Assets Control Regulations

September 08, 2009

IRS, Swiss Reach Settlement Concerning Transfer of U.S. Depositor Names

August 19, 2009

Internal Revenue Service Extends FBAR Filing Deadline to June 30, 2010

August 14, 2009

Enforcement of FACT Act "Red Flags" is Delayed Until November 1, 2009

July 29, 2009

FinCEN Withdraws Advisory FIN-2008-A003 Regarding Northern Cyprus

July 27, 2009

FinCEN Solicits Public Comment to Application of AML Program & SAR Regulations to Non-Bank Residential Mortgage Lenders and Originators

July 22, 2009

FinCEN Announces SAR Acknowledgments for BSA E-Filing Submissions.

July 17, 2009

FINCEN Releases Latest Edition Of Sar Activity Review-By The Numbers

July 09, 2009

United States Supreme Court Allows State Prosecutors To Bring Judicial Enforcement Actions Against National Banks

July 07, 2009

FINCEN Issues Advisory Regarding North Korean Government Agencies And Front Companies' Involvement In Illicit Financial Activities

June 22, 2009

FINCEN Issues Guidance To Clarify Information Sharing Under Section 314(b) Of The Usa Patriot Act

June 19, 2009

IRS Temporary Suspension of FBAR Filing Requirements for Persons who are not Citizens, Residents or Domestic Entities

June 10, 2009

Banking Advisory - IRS Temporary Suspension of FBAR Filing Requirements for Persons Who Are Not Citizens, Resudebts or Domestic Entities

June 10, 2009

FINCEN Proposes Significant Amendments To MSB Definition

May 14, 2009

FINCEN Releases CTR Exemption Guidance

April 30, 2009

May 1, 2009 Deadline For (Essentially) Every Business To Implement An Identity Theft Program

April 24, 2009

Civil Money Penalty Against NY Branch of DOHA Bank

April 21, 2009

Bank Sued for Allegedly Filing SAR

April 21, 2009

Renewal of Current SAR Form and Request for Comments from Depository Institutions on Suspicious Activity Report Form

April 01, 2009

Batch Validation Implementation for BSA E-Filers

April 01, 2009

GAO Report on Suspicious Activity

April 01, 2009

Two Individuals and a Miami Company Indicted on Charges of Unlicensed Money Transmitting

March 26, 2009

DEA Freezes Venezuelan Parallel Market Account

March 25, 2009

FINCEN Releases Study on Mortgage Loan Fraud and its Connection with Other Financial Crimes

March 16, 2009

FINCEN Issues Report on Final Rules Concerning Special Due Diligence Programs for Certain Foreign Accounts

March 10, 2009

FINCEN Proposes Revisions to FINCEN SAR Regulations in Regards to the Confidentiality of Suspicious Activity Reports

March 05, 2009

FDIC Adopts Final Rule for Processing of Deposit Accounts at Failed Institutions

January 27, 2009

Treasury Releases Capital Purchase Program Term Sheet

January 20, 2009

Federal Reserve Issues Letter Regarding Market Risk Rule

January 20, 2009

OCC Affirms Broad Preemption of State Laws Limiting Trust Activities

January 20, 2009

OCC Announces Civil Money Penalty Against Eastern National Bank

January 01, 2009

Lloyds TSB Bank to Forfeit $350 Million in Connection with Violations of the International Emergency Economic Powers Act

January 01, 2009

Deadline for Current Magnetic Filers to Transition to BSA Electronic Filing

December 16, 2008

Foreclosure Relief for Florida Homestead Property Owners

December 01, 2008

FinCEN Announces Final Rule on CTR Exemptions

December 01, 2008

Treasury Issues Foreign Investment Review Regulations

December 01, 2008

OFAC Revokes ?U-Turn? License of Iran

November 01, 2008