Gerardo Galvis

Sep 26, 2023 | jdsupra.com | Deborah Connor |Marc-Alain Galeazzi |Gerardo Galvis

On September 15, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) announced its first “Gap Rule” enforcement action in a Consent Order with Bancrédito International Bank and Trust Corporation (“Bancrédito”), a Puerto Rican international banking entity (IBE).

Sep 26, 2023 | lexology.com | Deborah Connor |Barbara R. Mendelson |Marc-Alain Galeazzi |Gerardo Galvis |Elizabeth Shaw

On September 15, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) announced its first “Gap Rule” enforcement action in a Consent Order with Bancrédito International Bank and Trust Corporation (“Bancrédito”), a Puerto Rican international banking entity (IBE).

Apr 20, 2023 | jdsupra.com | Michael Birnbaum |Gerardo Galvis |Haimavathi Marlier

In a setback to the SEC’s and other federal agencies’ use of administrative law judges (“ALJs”) to conduct in-house enforcement proceedings, the U.S. Supreme Court recently issued a unanimous decision in Axon Enterprise, Inc. v.