May 11, 2023 SCOTUS Clarifies that the FSIA Provides Immunity to Sovereigns in Only Civil Cases, but Suggests Common-Law Immunity to Prosecution May Still Apply By David Livshiz Elliot Friedman Timothy Howard Kimberly Zelnick Scott Eisman Adam Silow +3 more... Show less On April 19, 2023, the United States Supreme Court in Turkiye Halk Bankasi v. United States held that the Foreign Sovereign Immunities...
Feb 07, 2023 DOJ and Foreign Regulators Target the Bitzlato Cryptocurrency Exchange: Lessons on AML, KYC Obligations, and Cryptocrime By Timothy Howard Brock Dahl Andrew Bulovsky On January 18, 2023, the US Department of Justice (DOJ) announced that it arrested Mr. Anatoly Legkodymov, a Russian national and the...
Jun 14, 2022 DOJ Pursues Criminal Prosecutions Related to Use of Cryptocurrency to Evade Sanctions By Olivia Radin Timothy Howard Kimberly Zelnick Stephanie Brown Cripps Jane Peng Andrew Bulovsky +3 more... Show less On May 13, 2022, Magistrate Judge Zia Faruqui released a redacted Memorandum Opinion disclosing that the US Department of Justice (DOJ)...
May 18, 2022 Hand in the Cookie Jar: How the Stericycle FCPA Resolution Provides Insight Into FCPA Enforcement Under President Biden By Olivia Radin Jennifer Loeb Altin Sila Emmeline Chen +1 more... Show less Earlier this year, we wrote that Illinois-based waste disposal company Stericycle, Inc. (Stericycle) had agreed in principle with the...
Mar 09, 2022 Korean Telecommunications Company Settles with the SEC: Lessons Related to the FCPA’s Accounting Provisions By Adam Siegel Olivia Radin Jennifer Loeb Andrew Bulovsky +1 more... Show less On February 17, 2022, the U.S. Securities and Exchange Commission (SEC) announced its first enforcement action of the year: a $6.3...
Mar 07, 2022 The Beginning of a Resurgence? Compliance Monitor Included in Stericycle FCPA Settlement By Olivia Radin Jennifer Loeb Emmeline Chen On February 24, 2022, Illinois-based waste disposal company Stericyle, Inc. (Stericycle) disclosed in its annual report that it agreed in...
Feb 22, 2022 AML Update: Recent Arrests Demonstrate Continued Focus on Crypto By Olivia Radin Jennifer Loeb Jane Peng Justin Simeone Alessandra Scalise +2 more... Show less On February 8, 2022, two New York-based individuals, Ilya Lichtenstein and Heather Morgan, were arrested and charged with conspiracy to...
Feb 07, 2022 “Silenced No More”: Capitol Hill Takes Aim at Mandatory Arbitration Clauses By Olivia Radin Jennifer Loeb Last week, companies around the world continued to find themselves uncomfortably in the spotlight as allegations of sexual harassment,...
Jan 24, 2022 Freshfields Team Authors Anti-Corruption Practice Guide By Eric Bruce Justin Simeone Andrew Bulovsky Amid active anti-corruption efforts by US and foreign authorities in recent years, the Biden administration emphasized during 2021 that...
Jan 04, 2022 First-Ever US Strategy on Countering Corruption Has Significant Implications for Companies Operating in the US, the UK, and Around the Globe By Eric Bruce Ben Morgan Jennifer Loeb Katie Palms Justin Simeone Anika Havaldar +3 more... Show less Shortly after taking office, President Biden announced in a June 3, 2021 National Security Study Memorandum that corruption is not just a...
Dec 16, 2021 Board Memo 2022: Sustainability and Beyond By Pamela Marcogliese Elizabeth Bieber Sebastian Fain Freshfields is pleased to announce our annual Board Memo 2022: Sustainability and Beyond. This year’s report focuses on guiding boards...
Nov 02, 2021 DOJ Announces Significant Corporate Enforcement Policy Changes By Jennifer Loeb Eric Bruce Aaron Marcu Olivia Radin Adam Siegel Kimberly Zelnick +3 more... Show less Last week, in a virtual keynote address delivered at the American Bar Association’s Annual Conference on White Collar Crime, Deputy...