Sep 14, 2023 Russia Sanctions: Forced administration of subsidiaries of Western groups in Russia By Lukas Pomaroli Dr. Stephan Denk Stephanie Brown Cripps Daniel Gruenwald +1 more... Show less Over the course of the last months, the Russian government has ramped up its “countermeasures” intended to counteract the effect of...
Jul 03, 2023 Sanctions evasion enforcement takes center stage By Stephanie Brown Cripps Daniel Gruenwald Oliver Hamill Donna Faye Imadi Aryeh Kaufman Katie Palms Lukas Pomaroli Tensin Studer Laura Feldman +6 more... Show less US, UK, and EU regulators are warning companies that even seemingly innocent activities can result in sanctions enforcement and penalties...
May 25, 2023 Cybercrime Risks, Issues, and Mitigation Considerations By Andrew Bulovsky Ann-Malin Brune Stephanie Brown Cripps Laura Feldman Timothy Howard Norbert Nolte Rhodri Thomas +4 more... Show less On 9 February 2023, the US Treasury Department’s Office of Foreign Assets Control (OFAC) and the UK Office of Financial Sanctions...
Feb 22, 2023 Federal Reserve Board Denies Application of Crypto-Focused Bank “Custodia” over Money Laundering and Terrorism Financing Concerns By Nabeel Yousef Timothy Howard Stephanie Brown Cripps Andrew Bulovsky Adam Silow +2 more... Show less On January 27, 2023, the Federal Reserve Board (FRB) announced its denial of Custodia Bank, Inc.’s (Custodia) application—a...
Feb 15, 2023 Ransomware victims beware: UK & US tackle ransomware with first multilateral sanctions and UK victims’ reporting guidance By Hannah Walker Gore Andrew Bulovsky Katie Palms Stephanie Brown Cripps +1 more... Show less The coordinated designation of individuals under both the UK and US cyber sanctions regimes, in an effort to combat ransomware attacks,...
Nov 17, 2022 OFAC Redesignates “Tornado Cash” as US Regulators Continue Targeting Virtual Currency By Timothy Howard Nabeel Yousef Brock Dahl Stephanie Brown Cripps Andrew Bulovsky Adam Silow +3 more... Show less On August 8, 2022, the US Treasury Department’s (Treasury) Office of Foreign Assets Control (OFAC) announced that it designated the...
Oct 31, 2022 The UFLPA Bares its Teeth: Importers Confront the Cost of Non-Compliance as Uyghur Forced Labor Prevention Act Takes Hold By Nabeel Yousef Kimberly Zelnick Stephanie Brown Cripps Aryeh Kaufman Noah Lipkowitz +2 more... Show less While global political news has focused on Russia’s war in Ukraine, the Biden Administration and the US government have continued to...
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)...