Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The Financial Crimes Enforcement Network's
("FinCEN") Financial Action Task Force ("FATF")
updated its list of jurisdictions with
strategic anti-money laundering and combating the financing of
terrorism ("AML/CFT") deficiencies. In an Advisory,
FinCEN warned U.S. financial institutions that the list may affect
their risk-based due diligence obligations concerning the affected
jurisdictions.
Cambodia was added to the list of jurisdictions identified
as having strategic AML/CFT deficiencies. Other countries on the
list include the Bahamas, Botswana, Ethiopia, Ghana, Pakistan,
Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, and
Yemen.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
