09/24/2021
OFAC simultaneously announced that it was imposing sanctions on Suex OTC, S.R.O. (“SUEX”), a Russia-based cryptocurrency exchange registered in the Czech Republic, for its role in facilitating payments connected with ransomware extortion.
09/23/2021
As we’ve previously discussed, last fall OFAC issued an advisory on the potential sanctions risks for facilitating ransomware payments.
09/21/2021
Since he is no longer registered as a broker or advisor, the suspension will be imposed only if he reassociates with a member firm.
09/21/2021
The US government is reportedly set to prepare an array of actions, including sanctions to deter cryptocurrency firms getting involved in ransomware and laundering.
09/21/2021
“Ransomware and cyber-attacks are victimizing businesses large and small across America and are a direct threat to our economy. We will continue to crack down on malicious actors,” said Treasury Secretary Janet L. Yellen.
09/20/2021
The US Growth trust has become the latest portfolio in the Baillie Gifford stable to receive a fee cut following a year of outstanding performance.
09/19/2021
The top long-term capital gains rate would be increased from 20% to 25% for taxpayers in the highest ordinary income tax bracket, effective for sales after September 13, 2021
09/17/2021
The SEC has awarded approximately $1 billion to 207 individuals since issuing its first award in 2012.
09/17/2021
ESG and sustainability are important topics that touch on many aspects of running a business today
09/16/2021
It also said that was unaware of Brockman’s real involvement in the accounts held with the bank, as none of these were in his name.
09/16/2021
FTI Consulting and Compass Lexecon had 152 professionals named to the list.
09/16/2021
The transaction is expected to close during the first half of 2022.
09/16/2021
An FLP is typically transparent for income tax in the US and UK and for UK CGT.
09/15/2021
Climate Change Regulation for US Insurers
Nevertheless, there is continuing regulatory activity that should, reasonably soon, enable the US insurance industry to spot at least the outlines of an emerging climate change regulatory framework.
09/15/2021
The U.S. Infrastructure Bill and Cryptocurrency Regulation
One such newly proposed cryptocurrency regulation is included as a provision of the $1 trillion bipartisan infrastructure bill moving through Congress.
09/15/2021
The Mansfield Rule Certification is a key measure of inclusion in the legal industry
09/15/2021
Freddie Mac Multifamily Lender approval complements Regions’ focus on affordable housing and conventional multifamily financing.
09/15/2021
The PALAC block primarily consists of non-New York traditional variable annuities with guaranteed living benefits that were issued prior to 2011, which constitute approximately $31 billion or 17% of Prudential’s total in-force individual annuity acc
09/14/2021
SEC fines Chinese billionaire's companies $539m over illegal offerings
Companies to Pay More Than $539 Million in Settlement for Distribution to Investors
09/14/2021
Trio charged after investors lose $155m
They were arrested in Spain, Argentina, and the US