Compliance Insights
When Indirect Payments Result in Sanctions
In the June 1, 2026, settlement between an economic consulting and advisory firm (“the company”) and the U.S. Treasury’s Office of Foreign Assets Control, companies
June 1, 2026
High Risk Industries Need More Than Know Your Customer Screening
In a case that highlights how costly direct and indirect sanctions risks can be, OFAC fined a multi-national utility corporation headquartered in India, and its
May 19, 2026
FinCEN Imposes Record Fine
On March 6, 2026, FinCEN imposed a record fine against a U.S. broker dealer for numerous failures to have in place a strong AML program
March 9, 2026