Statute
BSA
13 published works
Regulatory & Compliance Update
FinCEN Assesses Civil Money Penalty Against P2P Currency Exchanger for BSA Violations
By Donald J. Mosher, Kara A. Kuchar, Betty Santangelo, Marc E. Elovitz, Stephanie R. Breslow, Malka Levitin, Schulte Roth & Zabel
On April 18, 2019, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury announced the assessment of a civil money penalty against Eric Powers for willfully violating…
Money Laundering Watch
U.S. Treasury Report: IRS BSA Program “Has Minimal Impact on Compliance”
By Mary K. Treanor, Peter D. Hardy
The Treasury Inspector General for Tax Administration, or TIGTA, issued last month a Report, entitled The Internal Revenue Service's Bank Secrecy Act Program Has Minimal Impact on Compliance, which sets…
Money Laundering Watch
2016 Year End Review: Money Laundering Opinions of Note
The federal courts continued in 2016 to produce a stream of cases pertaining to money laundering. We focus on three below because they involve analysis of basic issues that frequently…