
Recent news from Treasury’s Office of Foreign Assets Control: July 20
OFAC took a number of significant sanctions actions over the last week across multiple programs:…
OFAC took a number of significant sanctions actions over the last week across multiple programs:…
The Financial Crimes Enforcement Network’s implementation of the Anti-Money Laundering Act of 2020 must be done in line with congressional intent, Pete Selenke, VP and AML/BSA Officer for The Central Trust Bank in Jefferson City, Missouri, told House lawmakers.
OFAC took sanctions action over the last week in the Balkans and Illicit Drug Trade…
In May 2023, the Consumer Financial Protection Bureau issued Consumer Financial Protection Circular 2023-02 that…
The FinCEN 314(a) Updates section is published on a periodic basis to better capture the…
In an 8-1 decision, the U.S. Supreme Court ruled the federal government retains authority to dismiss whistleblower FCA cases at any time once it intervenes.
ABA, Texas Bankers Association and Rio Bank filed a reply brief supporting their motion for preliminary injunction in their lawsuit challenging CFPB’s final rule implementing section 1071 of the Dodd-Frank Act.
ABA and a group of trades filed an amicus brief urging the Third Circuit to rule furnishers need not resolve legal disputes under the FCRA. But the panel did not address whether legal inaccuracies can raise a claim under the FCRA.
CFPB sued eighteen defendants for engaging in a fraudulent data collection scheme under the Consumer Financial Protection Act and the Fair Debt Collection Practices Act.
In a 5-4 decision written by Justice Brett Kavanaugh, the U.S. Supreme Court ruled a district court must stay its proceedings while an interlocutory appeal on the question of arbitration is pending.