Recent news from Treasury’s Office of Foreign Assets Control: September 15
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
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Compliance question of the month: September 2025
Compliance QOTM answers question on annual escrow account analysis.
Recent news from Treasury’s Office of Foreign Assets Control: September 8
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
Ohio Supreme Court clarifies no duty to disclose ‘increased risk’ to sureties
Supreme Court of Ohio reversed an Ohio appellate court decision that ruled a creditor has no duty to disclose facts...
ABA files amicus brief urging N.J. Supreme Court to uphold dismissal of False Claims Act lawsuit
ABA filed a coalition amicus brief urging the New Jersey Supreme Court to uphold a lower court ruling that barred...
North Carolina federal court trims Zelle fraud class action against BofA
A North Carolina federal court partially sustained Bank of America’s objections to a magistrate judge’s recommendation allowing a proposed class...
Fourth Circuit affirms denial of COVID loan relief for six-time modified loan
Fourth Circuit panel affirmed the district court’s ruling that the SBA properly concluded PACEM’s $5 million loan was ineligible for...
N.Y. attorney general sues Early Warning Services over Zelle fraud allegations
CFPB previously sued Early Warning Services LLC over Zelle fraud allegations, but the new administration dropped the lawsuit. NYAG now...
Second Circuit affirms class certification in VRDO lawsuit
In a unanimous decision, a Second Circuit panel upheld a Southern District of New York order granting class certification to...
Seventh Circuit upholds convictions of former precious metal traders, rules spoofing is fraud
In a unanimous decision, a Seventh Circuit panel affirmed the spoofing convictions of three former JPMorgan traders, ruling that spoofing...
