The SEC’s Division of Examinations (the “Division”) released on October 16 a report on its “Examination Priorities” (the “Report”) for fiscal year 2024. This release occurred earlier than in prior ...

On April 15, 2020, the Federal Financial Institutions Examination Council (FFIEC) released updates to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual). The Manual, ...

Examiners at the Securities and Exchange Commission (SEC) will be asking tough questions of registered firms regarding how they handle risks related to operational security, interact with financial ...

Analysis Active U.S. Enforcement of Anti-Money Laundering Rules Continues Unabated In 2019 global enforcers imposed more than $8 billion in anti-money laundering fines. Of the world's top 50 banks, 12 ...

The Federal Reserve, together with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (collectively, the Agencies), have issued a Spanish-language translation ...