14 May 2020
A leading US anti-money laundering agency has warned virtual banking companies and cryptocurrency platforms that it is closely monitoring the systems they have set up to stop illicit money flows.
11 December 2019
US President Donald Trump intends to nominate Jessie Liu to be the new undersecretary for terrorism and financial crimes at the US Treasury Department.
27 September 2019
Transparency campaigners say the proposed Illicit Cash Act could shine a light on true ownership of shell corporations and help US law enforcement battle terrorism financing and money laundering.
04 September 2019
More financial insititutions could face the “financial death penalty” after FinCEN bolstered its efforts to target terrorist financing and money laundering.
03 April 2019
A bitter High Court dispute between the former owners of FBME Bank and two ex-Scotland Yard detectives has descended into allegations of forged documents, leaks to the media and perjury.
21 March 2019
The real estate industry is uniquely placed to flag when corrupt funds enter the US, but sales agents and brokers are mostly unaware of the problem. Calls are now increasing for that to change.
17 May 2018
FinCEN director Kenneth Blanco defended the agency’s new beneficial ownership requirements amid criticisms from lawmakers.
05 October 2017
A DC appeals court has demanded Quinn Emanuel explain why FBME Bank’s appeal against a 2015 FinCen ruling should continue after the bank itself suddenly withdrew from appeal proceedings.
22 September 2017
WilmerHale has hired David Cohen, the former deputy director of the CIA, as a partner in Washington, DC, following the end of his tenure in the Obama administration.
27 July 2017
US authorities have fined a bitcoin company US$110 million and pressed criminal charges against its operator, who was arrested in Greece this week, over allegations the company laundered billions in criminal proceeds from around the world.
Deborah Luskin, Anant Modi, Selma Della Santina and Sarah Wrigley
Benjamin S Haley, Sarah Crowder, Randall D Friedland and Thomas McGuire
Jason J Kang, Daniel S Lee, Nan Wang, Ryan Middlemas and Hangil Lee
Simone Nadelhofer and Daniel Lucien Bühr
Boutique Law LLP
Boutique Law LLP