Earlier this month, the New York State Department of Financial Services (“DFS”) and the Federal Reserve Board of Governors (“FRB”) announced settlements with the Industrial and Commercial Bank of ...

King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

On January 8, the FDIC issued a notice and request for comment in the Federal Register regarding use of a proposed survey to collect data from ...

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VIENNA, VIRGINIA - JANUARY 8: U.S. Treasury Secretary Janet Yellen speaks to reporters following a tour at one of the Financial Crimes Enforcement Network (FinCEN) locations on January 8, 2024 in ...

Bank of America (BofA) avoided a monetary penalty in agreeing to settle charges with the Treasury Department’s Office of the Comptroller of the Currency (OCC) but was ordered to shore up previously ...

TD Bank disclosed in a shareholder report Thursday it is facing regulatory investigations regarding its Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program. The bank said it is ...

A Maitland, Florida bank has agreed to revamp its money laundering oversight program after being cited by the Office of the Comptroller of the Currency. Processing Content Axiom Bank entered into a ...

This year's event features presentations from some of the most influential figures in financial crime enforcement and policy: Guy Ficco, Chief of IRS-Criminal Investigation (CI), who oversees a global ...

In this program, the panel will analyze the key provisions and changes brought about by reform, offering practical strategies for compliance, as well as look at ongoing discussions on Capitol Hill ...

BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties. Cryptocurrency derivatives exchange BitMEX dismissed its violation of ...