On January 1, 2021, Congress overrode President Trump’s veto, passing into law the annual National Defense Authorization Act for Fiscal Year 2021 (“NDAA”). ...more
1/4/2021
/ Anti-Money Laundering ,
Beneficial Owner ,
Consolidated Appropriations Act (CAA) ,
Financial Crimes ,
Financial Institutions ,
Financial Regulatory Reform ,
FinCEN ,
Foreign Corporations ,
Money Laundering ,
New Legislation ,
Regulatory Requirements ,
Shell Corporations ,
White Collar Crimes
Introduction -
The jurisdictional reach of the Foreign Corrupt Practices Act (‘‘FCPA’’) is famously long. U.S. regulators have claimed that the statute applies to U.S. and foreign corporations; U.S. nationals anywhere...more