Samantha Kirby

1 week ago | jdsupra.com | Andrew Goldstein |Daniel Grooms |Samantha Kirby

On June 9, 2025, the Department of Justice (DOJ) issued new guidelines for investigations and enforcement of the Foreign Corrupt Practices Act (FCPA), following a four-month pause of new FCPA investigations per President Donald Trump’s February 10 executive order. The new guidelines provide a nonexhaustive list of factors for prosecutors to consider when deciding whether to pursue an FCPA investigation.

Dec 5, 2024 | mondaq.com | William Jay |Samantha Kirby |David Sikes |Andrew Pierce Boulay

On December 3, 2024, a United States district court in the Eastern District of Texas preliminarily enjoined the enforcement of the Corporate Transparency Act ("CTA") in its entirety nationwide, and also specifically stayed the reporting deadline of January 1, 2025 for reporting companies formed or registered to do business in the U.S. before January 1, 2024.1 In our view, the US Department of Justice is likely to appeal this injunction in the coming days.

Dec 5, 2024 | jdsupra.com | William Jay |Samantha Kirby |Andrew Pierce Boulay

On December 3, 2024, a United States district court in the Eastern District of Texas preliminarily enjoined the enforcement of the Corporate Transparency Act (“CTA”) in its entirety nationwide, and also specifically stayed the reporting deadline of January 1, 2025 for reporting companies formed or registered to do business in the U.S. before January 1, 2024.1In our view, the US Department of Justice is likely to appeal this injunction in the coming days.

Sep 19, 2024 | mondaq.com | William Stern |Samantha Kirby

Earlier this summer, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a Proposed Rule revising its regulations under the Bank Secrecy Act (BSA) requiring financial institutions to maintain anti-money laundering (AML) programs to reflect the requirements of the Anti-Money Laundering Act of 2020 (the AML Act).

Sep 19, 2024 | mondaq.com | William Stern |Samantha Kirby

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued a final rule (the Residential Real Estate Rule) requiring certain persons involved in residential real estate closings and settlements to submit reports and keep records on non-financed transfers of residential real property to certain types of legal entities and trusts.