The settlement is the latest example of the agency’s enhanced criminal enforcement of money transmitting business and international money-laundering laws.
The recent settlement is significant both in terms of its amount...more
9/23/2024
/ Bank Secrecy Act ,
Casinos ,
CFTC ,
China ,
Criminal Investigations ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement ,
Foreign Currency ,
Money Laundering ,
Money Transmitter ,
Settlement ,
Suspicious Activity Reports (SARs)
How should companies think about DOJ, BIS and OFAC voluntary disclosure in the wake of the DOJ’s massive investment in sanctions and export control enforcement?
The DOJ, BIS and OFAC released a joint compliance note...more
8/4/2023
/ Bureau of Industry and Security (BIS) ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Embargo ,
Enforcement ,
Export Controls ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Self-Disclosure Requirements ,
White-Collar Exemptions