Enabling Risks News Today

It’s no surprise that national security has become a top-of-mind issue for most Americans. Our nation’s law enforcement agencies have been overwhelmed by myriad foreign adversaries, from fentanyl traffickers to

U.S. hedge funds, private equity funds, and venture capital funds (collectively, the Private Funds),1 and their U.S. general partners, sponsors, and managers (Advisers), are not directly...

On December 15, 2022, the Financial Crimes Enforcement Network ("FinCEN") issued a Notice of Proposed Rulemaking (the "Notice") in relation to the implementation of the...

FinCEN Proposes the Second Installment to the Corporate Transparency Act - On December 15, 2022, the Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of...

Executives and senior managers at charities may need to disclose their personal information.

The ENABLERS Act included in National Defense Authorization Act for Fiscal Year 2023 passed House same legislative vehicle used to secure Anti-Money Laundering Act of 2020 expand definition of financial institution under Bank Secrecy Act include persons facilitate money laundering

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

Revised ENABLERS Act would bring anti-money laundering scrutiny and new requirements to professional services gatekeepers such as lawyers and accountants - Legislation...

On July 14 2022, when the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) (H.R. 7900), it included an amendment (Sec. 5401) that would drastically...