The Congressional Oversight Commission issued a statement on the Secondary Market Corporate Credit Facility (SMCCF), noting that the SMCCF “is still purchasing approximately $20 million worth of corporate bonds per day. The...more
11/19/2020
/ Cal-OSHA ,
Congressional Committees ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Oversight Committee ,
Paycheck Protection Program (PPP) ,
Price Gouging ,
SBA ,
SIGPR ,
State Attorneys General ,
Wire Fraud
The Congressional Oversight Commission released its fourth report, which provides an in-depth analysis of the Federal Reserve’s Main Street Lending Program as well as updates regarding recent key actions the Treasury and the...more
Over the past year, regulators continued to actively examine compliance, introduce new and heightened requirements, recalibrate global priorities, and aggressively pursue enforcement. This report reviews recent trends and...more
4/28/2017
/ BSA/AML ,
Cuba ,
Economic Sanctions ,
Enforcement Actions ,
FATF ,
Financial Services Committee ,
FinCEN ,
Iran ,
NYDFS ,
Russia ,
Securities and Exchange Commission (SEC)
In recent years, the U.S. Department of Justice has stepped up its use of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 to pursue civil enforcement actions against financial institutions and their...more