Updated Executive Order Provides Enhanced Counterterrorism Sanctions and...
On September 10, 2019, President Donald Trump issued a revised Executive Order 13224, furnishing the Treasury and State Departments new mechanisms permitting the U.S. Government to better identify and...
View Article8 Senators Introduce ILLICIT CASH Act to Improve Corporate Transparency and...
On September 26, 2019, Senate Banking Committee members, U.S. Sens. Mark R. Warner (D-VA), Tom Cotton (R-AR), Doug Jones (D-AL), Mike Rounds (R-SD), Bob Menendez (D-NJ), and John Kennedy (R-LA),...
View ArticleDISTINGUISHED PROFESSOR OF INTERNATIONAL CRIMINAL LAW PASSES AWAY
On December 9, 2019, Distinguished University and Law Professor Emeritus at the Washington College of Law, American University Nicholas Kittrie passed away. Below is a memorandum from Mary L. Clark,...
View ArticleEUROPOL Starts European Financial and Economic Crime Center
On June 5, 2020, Europol started the new European Financial and Economic Crime Center (EFECC). The European Union Anti-money Laundering Action Report mentioned the start of the EFECC, partly in...
View ArticleU.S. Secretary of State Makes Historic Visit to Suriname and Guyana and...
On September 17-18, 2020, U.S. Secretary of State Michael Pompeo made the first visit to Suriname and Guyana. It coincided with promises that the U.S. would increase its technical assistance with...
View ArticleFinCEN Will Require Persons to Report Virtual Currency as Part of Foreign...
FinCEN is moving rapidly for reporting crypto currency and assets. Reporting Virtual Currency on FBARs On December 31, 2020, the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN)...
View ArticleFrench Donor Contributes More than $500k to U.S. Alt-Right before Capitol...
In December 2020, approximately one month before the assault on the U.S. capitol, Laurent B., a French national, transferred the equivalent of € 400,000 to alt-right groups in the United States,...
View ArticleFATF Starts New Project to Study and Mitigate the Unintended Consequences...
On March 17, 2021, the Financial Action Task Force announced the start of a new project “to study and mitigate the unintended consequences resulting from the incorrect implementation of the FATF...
View Article2021 Holiday Retrospective
We at the IELR send you the best wishes for a warm and joyous holiday season. 2021 was momentous for the international enforcement community, and we are grateful to have had you following along with...
View ArticleU.S. District Court in Alabama Rules CTA Unconstitutional
On March 1, 2024, Judge Liles C. Burke, U.S. District Court for the Northern District of Alabama (Northeastern Division) issued a 53-page memorandum opinion, declaring that the Corporate Transparency...
View Article
