Adam S. Kaufmann, A. Katherine Toomey , and Mirella A. deRose of Lewis Baach pllc, discuss the risk for U.S. businesses of inadvertently falling foul of U.S. sanctions legislation through not just what they do directly, but also through transactions that they participate in, assist or supervise. Read More
Greg Brandman, partner and Head of Contentious Regulatory work in Eversheds’ Financial Services, Investigations and Disputes team, and Shobi Galassi, Eversheds associate, consider Parliament’s revisions to the new conduct rules regime for senior managers, and discuss whether these signify a genuine shift in the balance of risk. Read More
Against a backdrop of big changes to U.S. sanctions in respect of both Iran and Cuba, A. Katherine Toomey, Cristian Francos and Aaron T. Wolfson of Lewis Baach PLLC explain how to access funds which had been frozen - until now Read More
The risks to financial institutions posed by those intent on fraud and financial crime are many and varied. The targeted abuse of bank accounts, lending facilities and credit services can appear in numerous guises, exposing both customer and firm to potential losses worth billions of pounds. In this article, Neill Blundell, Partner and head of the Fraud Investigations Group at Eversheds, and Aisling O’Sullivan, Associate, review the FCA’s guidance to firms and provide an overview of the methods by which a commitment to good practice may be demonstrated. Read More
A. Katherine Toomey of Lewis Baach PLLC considers the evolving threat posed by cyberattacks, and the recent U.S. regulatory response Read More
In this Of Counsel article, Greg Brandman and Shibani Kapur of Eversheds’ Financial Services, Disputes & Investigations group consider the US and UK definitions of spoofing, review the relevant enforcement outcomes including the landmark decision in Coscia (relevant to both sides of the Atlantic) and provide some key points to note for firms arising from an analysis of these enforcement actions and incoming regulation at the European level. Read More
A. Katherine Toomey of Lewis Baach PLLC in Washington D.C. analyses FINRA's new criteria for assessing leadership in compliance: what can banks learn from Shakespeare's Henry V? Read More
Paul Bogan QC, specialist financial crime barrister of 23 Essex Street, London, considers some of the recent research and current concerns relating to the financing of terrorism Read More
To what extent can UK courts see through corporates to nail individuals? Paul Bogan QC, specialist financial crime barrister of 23 Essex Street London, considers how courts can look through company structures to impose personal liability for confiscation of criminal property. Read More
In his second article for KYC360, leading U.S. lawyer Eric Lewis of Lewis Baach PLLC examines the consequences of U.S.-Cuban normalisation for financial institutions holding frozen Cuban funds Read More