Finance and Banking

[ad_1] To print this article, all you need is to be registered or login on Mondaq.com. On September 23, 2021, the Financial Crimes Enforcement Network (FinCEN) took the first formal step toward writing new rules that would subject dealers in antiquities to the federal anti-money laundering laws and regulations. FinCEN’s Advance Notice of Proposed Rulemaking
[ad_1] On September 21, 2021, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) levied its first sanctions against a Russian-operated virtual currency exchange involved in ransomware payments and published an updated advisory on sanctions risks for ransomware payments. At the same time, Deputy Secretary of the Treasury Wally Adeyemo was careful to underscore