In its first hearing of the year, the Senate Committee on Banking, Housing, and Urban Affairs expressed support for potential reforms to the U.S. anti-money laundering (“AML”) and countering the financing of terrorism (“CTF”) framework. The hearing focused on the relationships among financial institutions, regulators, and … Read More
2017 Enforcement Trends: Mid-Year Review
Please join us for a discussion on some of this year’s key enforcement trends and developments in U.S. Sanctions and Anti-Money Laundering.
- Trends and expectations of the new Administration
- Notable developments in U.S. sanctions programs
- Review of AML initiatives
- Recent enforcement actions
On December 1, 2016, the Financial Action Task Force (“FATF”) released a peer assessment of the United States’ anti-money laundering and combatting the financing of terrorism (“AML/CFT”) regime. This is the first peer assessment of the United States since June 2006.
The FATF assessment found that the U.S. AML/CFT framework … Read More