Regulatory Intelligence

As government relaxes healthcare provider requirements due to COVID-19, will fraud risk increase?

The federal government has begun relaxing its healthcare provider requirements in order to provide increased flexibility for healthcare providers and facilities during the COVID-19 public…

Melissa D. Berry May 06, 2020

Making Amends: Auditing Ongoing Suspicious Activity Report Filings for Financial Institutions

In the myriad of Suspicious Activity Report (SAR) requirements, there are perennial findings that reflect the failure to file, delays in filing, and deliberate efforts…

Michael Schidlow April 03, 2020

Managing Cyber-Risks in Service Provider & Vendor Relationships: Building a Sustainable Process

Assessing and managing cyber-risks are difficult, and the challenge only increases when third-party service provider and vendor relationships are involved. Such relationships often require organizations…

Legal Executive Institute March 02, 2020

Making Heads or Tails of the California Consumer Privacy Act

Many believed and hoped the California Consumer Privacy Act (CCPA), which went into effect January 1, 2020, would be a saving grace piece of legislation…

Daniel Garrie February 26, 2020

LegalWeek 2020: Leveraging AI to Combat Financial Crimes

NEW YORK — With increasing data flow among global financial institutions expanding, compounded by newly minted hybrid financial organizations in FinTech, managing these highly regulated…

Joseph Raczynski February 11, 2020

Shell Companies, Opioid-Related Crime & Unscrupulous Providers: How Medicaid Technology Can Mitigate Fraud & Abuse Risks

While states continue exploring ways to expand Medicaid coverage to eligible individuals and provide important new benefits such as addiction treatment, it’s crucial to remember…

Melissa D. Berry January 14, 2020

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

Forum Magazine: Cost of Compliance Report 2019 — 10 Years of Regulatory Change

Since the financial crisis, financial services firms have seen unprecedented levels of regulatory change as governments and policy makers have sought to ensure that a…

Susannah Hammond November 22, 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

Stratifying Risk Appetite for Marijuana-Related Business Banking

Providing banking services to marijuana-related businesses (MRBs) continues to present a two-fold risk to the U.S. financial sector: i) the mire of state versus federal…

Michael Schidlow August 29, 2019

Casinos: Keeping In Line With Title 31 (Part II)

In a new two-part blog series, “Casinos: Keeping In Line With Title 31”, we will examine how casinos are on the front lines of money…

Legal Executive Institute August 14, 2019

Deutsche Restructuring Sees Compliance, Financial Crime Teams Merged

The long-awaited shake-up at troubled Deutsche Bank will see Sylvie Matherat, chief regulatory officer, exit on July 31, and Chief Risk Officer Stuart Lewis assume…

Legal Executive Institute July 18, 2019