International Sanctions and Embargoes Legislation: Changing Trends, Deferred Prosecutions & Landmark Cases

The global increase in economic sanctions-related enforcement has put many companies in deeply challenging positions and some of the most recent cases captured the attention of compliance and legal officers worldwide. One of the more significant enforcement actions, albeit relatively low in monetary value, was the personal $1 million fine against the former Chief Compliance […]

Assessing the FFIEC Cybersecurity Assessment Tool

The FFIEC (Federal Financial Institutions Examination Council) is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller […]