UK: FCA publishes Report on New Technologies and Anti-Money Laundering Compliance
bit.ly/2vG2A3D See also: Blog: How effective are the FCA’s criminal and civil powers to combat money laundering? 0
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US: SEC charges Chief Compliance Officer for failure to verify information
bit.ly/2v7DWXO www.fcpablog.com/blog/2017/8/17/sec-fines-chief-compliance-officer-for-inaccurate-securities.html See also: www.fredlaw.com/the_ticker/2017/09/27/1642/compliance_professionals_beware_recent_sec_case_highlights_risk_of_personal_liability 0
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US: Sanctions on President, 13 Officials and 8 Individuals of Venezuela
www.friedfrank.com/index.cfm?pageID=25&itemID=7832 www.dentons.com/en/insights/alerts/2017/july/28/us-expands-and-enhances-venezuelan-sanctions www.treasury.gov/press-center/press-releases/Pages/sm0137.aspx www.treasury.gov/press-center/press-releases/Pages/sm0145.aspx Update: www.findknowdo.com/news/01/07/2021/ofac-amends-general-license-authorizing-transactions-certain-venezuelan-officials?utm www.findknowdo.com/news/06/17/2021/ofac-issues-general-licenses-respond-covid-19-syria-venezuela-and-iran?utm 0
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Trends: Why automation will set compliance officers free
www.icsa.org.uk/knowledge/governance-and-compliance/careers/why-automation-will-set-compliance-officers-free 0
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US: Personal Jurisdiction – a new Battlefront in Corporate Criminal Cases
www.jonesday.com/personal-jurisdiction-a-new-battlefront-in-corporate-criminal-cases-08-02-2017/ See also: bit.ly/2vdN3rD wp.me/p8i20u-OE 0
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Hong Kong: Renewed SFC focus on private funds and discretionary accounts
www.deacons.com.hk/news-and-insights/publications/renewed-sfc-focus-on-private-funds-and-discretionary-accounts.html 0
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Venezuela: PDVSA’s Peculiar Oct. ’22 Bond may carry elevated Risks
Click to access PUB_PDVSA_Bond_Bankruptcy_0817.pdf 0
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Risk Management: US FinCEN Cracks-Down on Foreign Virtual Currency Exchange
www.steptoe.com/publications-12091.html www.moneylaunderingwatchblog.com/2017/07/fincen-takes-first-action-against-foreign-located-msb-the-virtual-currency-exchange-of-choice-for-criminals-for-willfully-violating-u-s-aml-laws/ www.fbtbankingresource.com/fincen-cracks-down-on-yet-another-alleged#page=1 buckleysandler.com/blog/2017-07-28/fincen-california-us-attorney-assess-civil-money-penalties-against-virtual-currency-transmitter-and-operator-aml-violations www.akingump.com/en/news-insights/fincen-action-demonstrates-the-agency-s-ability-to-use-anti.html www.fincen.gov/news/news-releases/fincen-fines-btc-e-virtual-currency-exchange-110-million-facilitating-ransomware 0
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US: SEC settles an other AML action – failing to file Suspicious Activity
www.jdsupra.com/legalnews/sec-settles-another-aml-action-71859/ bit.ly/2vphj5F buckleysandler.com/practices/bank-secrecy-actanti-money-laundering-sanctions 0
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US: New SEC Chairman Identifies Guiding Principles
bit.ly/2vj3Tr9 bit.ly/2uQRYjT www.natlawreview.com/article/sec-chairman-announces-8-core-principles www.jdsupra.com/legalnews/sec-chairman-clayton-outlines-24290/ www.ropesgray.com/newsroom/podcasts/2017/July/Podcast-What-to-Expect-from-the-New-SEC.aspx www.natlawreview.com/article/sec-chairman-announces-8-core-principleshttps://www.natlawreview.com/article/sec-chairman-announces-8-core-principles 0
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