05/23/2022
The order also found that, beginning in April 2017, Wells Fargo Advisors failed to timely file at least nine additional SARs due to a failure to appropriately process wire transfer data into its AML transaction monitoring system in certain other situation
05/20/2022
Katten Private Wealth Practice Receives Two Law Firm of the Year Awards
Kathryn von Matthiessen and Bonnie Lynn Chmil Also Recognized as Outstanding Individuals
05/19/2022
Protecting the perimeter: The rise of external fraud
05/19/2022
The Carey Olsen team advising Tractian on the Cayman law aspects of the Series A was led by partner Alistair Russell
05/18/2022
AGI US has agreed to pay billions of dollars as part of an integrated, global resolution
05/17/2022
Strategy Provides Roadmap to Close Loopholes Exploited by Criminals and Illicit Actors
05/17/2022
The agency’s authority to craft trade regulation rules covering unfair and deceptive trade practices
05/17/2022
The G7 countries’ undermining of global transparency has further fuelled calls by leading economists for a UN tax convention
05/17/2022
Multidisciplinary team represents Carlyle in acquisition of mission-focused technology solutions and services provider for US defense, intelligence, and federal civilian agencies.
05/17/2022
"The terms of the settlements are substantively fair, providing considerable relief to eligible class members in exchange for the complete resolution of the action,"
05/17/2022
Since Family Offices may be in a position of management, this is a particularly sensitive issue for family office professionals.
05/16/2022
Settlement funds will be used to boost compliance at bank
05/16/2022
In 2012, Goldman issued $6.5 billion of 1MDB bonds which generated $600 million in fees.
05/13/2022
One commenter cautions that public reporting could unintentionally give criminals access to sensitive information.
05/11/2022
What’s even more intriguing is the fact that two members of the committee voted to leave the policy rates unchanged, while three other members were in favour of raising the rates more substantially.
05/10/2022
The public comment period for the proposed rulemaking "The Enhancement and Standardization of Climate-Related Disclosures for Investors,"
05/04/2022
Such advocates say open banking will make it easier for non-banks like technology companies to compete with traditional financial institutions
05/04/2022
A hoped for soft economic landing seems unlikely as the Federal Reserve seeks to restore price stability.
05/03/2022
This Legal Update summarizes some of the key points that FinCEN highlighted to help financial institutions identify potential indicators of kleptocracies and corrupt foreign public officials.
05/02/2022
The law firm alleged disclosure shortcomings around a securitisation deal.