10/08/2019
This is a complex and novel case, but one worthy of careful analysis by non-US banks engaged in potentially higher risk transactions in USD that rely on a determination that the arrangements are outside of OFAC’s jurisdiction.
10/08/2019
In addition to evading the payment of these taxes, Dr. Russell failed to timely pay the taxes due for the years 2013 through 2015."
10/07/2019
A new study from consulting firm bfinance finds that fees for some fund types have posted double-digit declines, but says investors still need to be mindful when evaluating costs.
10/06/2019
US prosecutors call in current and former officials at lender to testify in cryptocurrency case
10/04/2019
In turn, the State Department has the authority to deny a passport application, revoke or not renew a passport.
10/04/2019
But it was only after joining DLA Piper’s Silicon Valley practice in September 2018 as a junior partner that she was "subjected to Mr. Lehot’s unlawful behavior" and "suffered such humiliation and harm simply because of my gende
10/03/2019
Recently, staff members from Bank of Ireland were asked by the court to give testimony against Mark Scott, one of the most prominent figures who allegedly masterminded the fraudulent scheme.
10/03/2019
The Government’s position is that Mark Scott committed a fraud and money laundering that amounted to more than four hundred million dollars.
10/03/2019
The acquisition is subject to regulatory approvals and is expected to close in the fourth quarter of 2019.
10/02/2019
Senior compliance bankers of UAE Banks and high-level OFAC and U.S. delegates attended a meeting to discuss key financial topics and ongoing developments in the banking sector
10/02/2019
FATCA reporting is a complex issue, and involves specific financial institutions having to report details of financial accounts held by US persons
09/30/2019
Tougher stance taken by EU funds on S&P 500 remuneration awards than American peers
09/30/2019
Nordlicht’s motion for acquittal was denied, but a new trial was approved as prosecutors did not provide enough evidence to sustain the conviction.
09/30/2019
This implies that there is a conflict between pursuing both financial returns and sustainability.
09/30/2019
Barclays violated the Foreign Corrupt Practices Act by using employment at the bank to influence deal making, and failed to maintain a system of internal controls around hiring, the SEC said.
09/30/2019
The bank’s shares opened down 1% on news of the probe, but recovered quickly to advance 0.7%.
09/29/2019
The SEC’s order finds that BMO Harris and BMO Asset Mgmt willfully violated Sections 206(2) and 206(4) of the Investment Advisers Act of 1940
09/28/2019
The misleading websites and videos were viewed by more than 350,000 persons and caused more than 25,000 investors to make deposits for trading binary options with one of approximately 35 unregistered brokers.
09/26/2019
Its prospects in the Senate are uncertain, but supporters said the amount of Republican support in the House was a good sign.
09/25/2019
The allegations of improper conduct were in connection to a total of 19 engagements with 15 unidentified companies over a three-year period ending in 2016.