AML-CFT/Sanctions/Anti-Corruption Publications

Anti-Money Laundering (AML) Senate Bill to Combat ISIS Targets “Jurisdictions of Terrorism Financing Concern” Trump’s Foreign Policy May Further Strain Foreign Correspondent Banking (Derisking) Panama Papers Renew Relevance of Proposed U.S. Beneficial Ownership Rule Proposed U.S. Rule Requires Banks to Collect Beneficial Ownership Information Cross-Compliance for Financial Institutions: the Anti-Corruption-AML Nexus Sanctions Do U.S. Banking Read More ...

Money Laundering and Lawyers’ Obligations After the Panama Papers

Event: Has the Legal Profession Lost its Moral Compass? The Panama Papers, Lawyers’ Professional Ethics and Due Diligence Obligations As Co-Chair of the Middle East Committee of the American Bar Association Section of International Law, MassPoint's Hdeel Abdelhady organized and will moderate a program on lawyers' obligations to detect and report illicit client activity, in particular Read More ...

Compliance, Governance, and Investment Updates

March 14, 2017 A compilation of recent and topical MassPoint publications and updates on compliance, governance, and the climate around foreign investment in the United States. Identifying UAE “Foreign Officials” for Anti-Corruption Compliance Purposes Companies doing business in the UAE or with enterprises owned directly or indirectly by a UAE Government party at any level should Read More ...

Panama Papers Renew Relevance of Proposed U.S. Beneficial Ownership Regulation

April 6, 2016 The release of the Panama Papers has revived the relevance of a proposed U.S. rule that would require banks and certain other “financial institutions” to identify natural persons who beneficially own or control companies, LLCs, general partnerships, and other legal entities formed in the United States or abroad (the “Proposed Beneficial Ownership Rule”). Issued in Read More ...

Customized Bank Compliance Services

A Challenging Regulatory and Compliance Landscape MassPoint works with clients to develop and execute real, practical compliance solutions that do not just look good on paper, but address the practical operating and regulatory challenges facing banks-- and in particular foreign banks-- in a complex and often unfamiliar regulatory environment.  Complex International Compliance Obligations Banks operating Read More ...