1

The Financial Conduct Authority ("FCA") updated its webpage relating to its guidance consultation on the fair treatment of vulnerable customers.

2

What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third

3

It is no secret that U.S. correspondent banking relationships are indispensable to global commerce. Indeed, access to the U.S.

4

The US House of Representatives recently passed the Secure and Fair Enforcement (SAFE) Banking Act, H.R. 1595 (the Act).

5

On September 16, 2019, the Commodity Futures Trading Commission (CFTC) released the CFTC Whistleblower Alert: Be on the Lookout for Violations of the Bank Secrecy Act,...

6

As US and international regulation of digital tokens evolves, token issuers and trading platforms continue to seek clarity on how to be compliant within a developing legal framework. Recognizing this

7

A bipartisan group of Senators, with the support of the American Bankers Association, recently introduced bill S.2563, known as the ILLICIT Cash Act.

8

A bipartisan group of senators introduced a bill which would impose federal beneficial ownership reporting requirements

9

The Bank Secrecy Act requires financial institutions to establish an anti-money laundering (AML) compliance program to prevent and detect financial crime.

10

As it targets terrorist groups and their finances, the U.S. Government announces potent secondary sanctions that can impede correspondent banking relationships of non-U.S. banks.

11

Financial Crimes Enforcement Network ("FinCEN") Director Kenneth A. Blanco urged financial institutions to help prevent the theft and abuse of personally identifiable information ("PII") by fraudsters

12

We start this issue with a feeling of déjà vu all over again. Decisions made during the mortgage crisis are back in the news with a powerhouse legal ruling and the Treasury's

13

FinCEN Deputy Director Jamal El-Hindi described agency efforts to encourage innovation in anti-money laundering.

14

The Financial Crimes Enforcement Network ("FinCEN") launched a Global Investigations Division ("GID") that will address illicit finance and money laundering threats.

15

The Chicago Mercantile Exchange, Inc., CBOT, NYMEX and COMEX (the "Exchanges") reminded clearing member firms and other parties to comply with recent sanctions targeting the Venezuelan government.

16

In a recent decision, the U.S. Court of Appeals for the D.C. Circuit unanimously affirmed a district court order compelling

17

The formal release follows the June 2018 release of draft Amending Regulations.

18

On July 10, 2019, the Regulations Amending Certain Regulations Made Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "Amending Regulations") were formally released

19

On January 1, 2020, California will become the first state in the United States to implement a comprehensive consumer data privacy law called the California Consumer Privacy Act of 2018 (CCPA).

20

On August 13, Financial Crimes Enforcement Network ("FinCEN") Director Kenneth Blanco addressed the 12th Annual Las Vegas Anti-Money Laundering Conference and provided insights