On October 10, TD Bank pleaded guilty to violations of the Bank Secrecy Act and conspiracy to commit money laundering. The plea agreement outlines the facts that led to the charges and the consequences the Bank and its parent...more
On October 4, 2023, United States Deputy Attorney General (DAG) Lisa Monaco announced a new Department of Justice (DOJ) Mergers & Acquisitions Safe Harbor policy that encourages companies to self-disclose criminal misconduct...more
12/4/2023
/ Acquisitions ,
Anti-Money Laundering ,
Antitrust Division ,
Compliance ,
Cooperation ,
Corporate Counsel ,
Corporate Crimes ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Disgorgement ,
Enforcement ,
EU ,
France ,
Germany ,
Mergers ,
Money Laundering ,
Poland ,
Policies and Procedures ,
Policy Statement ,
Popular ,
Remediation ,
Restitution ,
Safe Harbors ,
Spain ,
Voluntary Disclosure
The Financial Action Task Force ("FATF") is the global standard-setter on anti-money laundering ("AML"), countering terrorist financing ("CFT") and counter proliferation financing. FATF's standards, also referred to as...more
10/31/2023
/ AML/CFT ,
Anti-Money Laundering ,
Cross-Border Transactions ,
EU ,
FATF ,
Financial Institutions ,
Financial Transactions ,
Money Laundering ,
Popular ,
Terrorism Funding ,
Terrorist Financing Regulations
In February 2023, the Financial Action Task Force (“FATF”), the global standard-setter on Anti-Money Laundering policy, issued a report describing the financial crime risks in the art and antiquities market, as well as good...more