Government Regulation

New Report Asks if Banks Are Really Ready for Legal Marijuana

As marijuana becomes more accepted as both a medical and recreational option and more U.S. states legalize or consider legalization of marijuana, the federal government,…

Legal Executive Institute November 22, 2019

Migrant Smuggling: What Financial Institutions Need to Know

The disturbing headline of 39 migrants found dead in a refrigerated truck in Essex, England is just the latest story of migrant smuggling that resulted…

Alison Jimenez November 15, 2019

Forum Magazine: The New Age of Digital Identity — How Attorneys & Compliance Officers Might Adapt to New ID Models

Our current form of identity is dead. Or at least, the system that declares you are who you say you are, legally, is under extreme…

Joseph Raczynski November 08, 2019

2019 Trends in Fighting Financial Crime: Thomson Reuters/ACAMS Survey Results

LAS VEGAS — Wondering what your colleagues in the financial sector are doing to battle financial crimes? Are they using artificial intelligence to spot bad actors?…

Gina Jurva October 16, 2019

Criminal Actors Beware: Healthcare Provider Enrollment Rules Just Got More Stringent & Penalties Much Higher

In the fight against healthcare fraud, the federal government is stepping it up — in a major way. The Centers for Medicare & Medicaid Services…

Melissa D. Berry October 14, 2019

Corruption Report 2019: As Regulators Extend Their Reach, Non-Financial Companies Need to Be Ready

“If you think compliance is expensive, try non-compliance.” — former U.S. Deputy Attorney General Paul McNulty For the past two decades, financial crime risk has…

Legal Executive Institute October 04, 2019

ACAMS 2019: Amid International Push to Regulate Cryptocurrencies, Banks Try to Keep the Gates Closed

LAS VEGAS — As a nascent international anti-money laundering (AML) push to ensure global regulation of cryptocurrencies advances, most banks continue to take steps to…

Brett Wolf October 01, 2019

ACAMS Conference 2019: Regulators’ Panel Sees Banks’ Anti-Money Laundering Weak Points

LAS VEGAS — When a bank is negotiating the remediation of anti-money laundering compliance weaknesses, it should ensure that it can complete required improvements within…

Brett Wolf September 26, 2019

The 4th Annual Government Day: The Reality & Skepticism of Innovation & Blockchain

WASHINGTON, D.C. — The Government sector strives to ramp up its efforts to more widely integrate cutting edge technologies like blockchain, artificial intelligence, and the…

Joseph Raczynski September 19, 2019

Are We Closer to a Tipping Point on Regulatory Reform in Legal Services?

A number of U.S. states, including California and Arizona, have been considering reforms in the ways the practice of law is regulated, in particular rules…

David Curle September 11, 2019

The 4th Annual Thomson Reuters Government Conference: How Will the U.S. Government Adapt to Emerging Technologies in Transportation?

WASHINGTON, D.C. — So-called “robot cars” are not going to take over the roads and steal everybody’s jobs. That is the first thing Gail Gottehrer,…

Gina Jurva September 06, 2019

Marijuana, Hemp & CBD-Related Businesses: It’s Complicated: Part 2

In a new two-part blog series, “Marijuana, Hemp & CBD-Related Businesses: It’s Complicated”, we will examine how financial institutions are trying to sort through various…

Gina Jurva September 04, 2019