09/29/2021
Indictment Alleges that Defendants Conspired to Help U.S. Clients Evade Taxes on More Than $60 Million Hidden Offshore
09/28/2021
The order also charges Citi for violating the cease and desist provision of a 2017 CFTC order relating to reporting and supervisory failures.
09/28/2021
The Order requires the bank to develop an Action Plan to achieve compliance with the regulations.
09/28/2021
FINRA will look at how firms acquire customers through social media, particularly through outside influencers with large online followings.
09/26/2021
Congress’ move to make the BSA applicable to the antiquities trade stemmed from the concern that the trade may be exploited by money launderers and terrorist financiers to evade detection by law enforcement.
09/26/2021
Investors are being rattled by volatility as the two biggest economies — the U.S. and China — seek to tighten their grip on Bitcoin and other digital currencies.
09/26/2021
Sample letter to companies focuses on compliance with SEC’s 2010 climate change disclosure guidance
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.