-
Aug 12, 2024 | 
jdsupra.com | Peter Hardy |Beth Moskow-Schnoll
On August 1, 2024, the Department of Justice launched its Corporate Whistleblower Awards Pilot Program (the “Pilot Program”). Under this 3-year initiative managed by DOJ’s Criminal Division, a whistleblower may be eligible for an award of up to $50 million if she provides DOJ with information about corporate misconduct in certain industries.
-
Jul 26, 2024 | 
jdsupra.com | Terence M. Grugan |Peter Hardy |Beth Moskow-Schnoll
SummaryFinCEN’s recent preliminary rulemaking aims to enhance and modernize regulations with requirements and priorities that affect a broad range of “financial institutions” across industries—but lacks concrete guidance on technological innovation and other critical issues.
-
Jul 23, 2024 | 
ballardspahr.com | Peter Hardy |Beth Moskow-Schnoll |Terence M. Grugan |Kaley Schafer
Summary FinCEN’s recent preliminary rulemaking aims to enhance and modernize regulations with requirements and priorities that affect a broad range of “financial institutions” across industries—but lacks concrete guidance on technological innovation and other critical issues.
-
Jun 24, 2024 | 
jdsupra.com | Beth Moskow-Schnoll
On June 14, 2024, President Biden declared June 15th World Elder Abuse Awareness Day. In honor of the day, the Financial Crimes Enforcement Network (FinCEN) reminded financial institutions (FIs) to remain vigilant in identifying and reporting elder financial exploitation (EFE).
-
May 2, 2024 | 
jdsupra.com | Peter Hardy |Kristen Larson |Beth Moskow-Schnoll
The Financial Crimes Enforcement Network (“FinCEN”) recently issued a Financial Trend Analysis (“Analysis”) focusing on patterns and trends identified in Bank Secrecy Act (“BSA”) data linked to Elder Financial Exploitation (“EFE”) involving scams or theft perpetrated against older adults. The Analysis is a follow up to FinCEN’s June 2022 EFE Advisory (“2022 Advisory”).
-
Apr 2, 2024 | 
jdsupra.com | Beth Moskow-Schnoll
On March 28, 2024, the Financial Crimes Enforcement Network (FinCEN), in consultation with the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Board of Governors of the Federal Reserve System, issued a request for information (RFI).
-
Apr 1, 2024 | 
consumerfinancemonitor.com | Beth Moskow-Schnoll
On March 28, 2024, the Financial Crimes Enforcement Network (FinCEN), in consultation with the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Board of Governors of the Federal Reserve System, issued a request for information (RFI).
-
Apr 1, 2024 | 
lexblog.com | Beth Moskow-Schnoll
[email protected] | 302.252.4447 | view full bioBeth is the Managing Partner of the firm’s Delaware office. She is a litigator focused on white collar crime, regulatory enforcement and compliance, and complex civil litigation, with an emphasis on banking and other financial services litigation. She represents major financial institutions, bringing actions against fraudulent debt relief companies, and defending against consumer financial services lawsuits.
-
Apr 1, 2024 | 
lexblog.com | Beth Moskow-Schnoll
[email protected] | 302.252.4447 | view full bioBeth is the Managing Partner of the firm’s Delaware office. She is a litigator focused on white collar crime, regulatory enforcement and compliance, and complex civil litigation, with an emphasis on banking and other financial services litigation. She represents major financial institutions, bringing actions against fraudulent debt relief companies, and defending against consumer financial services lawsuits.
-
Apr 1, 2024 | 
moneylaunderingnews.com | Beth Moskow-Schnoll
On March 28, 2024, the Financial Crimes Enforcement Network (FinCEN), in consultation with the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Board of Governors of the Federal Reserve System, issued a request for information (RFI).
