Hdeel Abdelhady Quoted in FinOps Report
Hdeel Abdelhady was quoted in FinOps Report on the AML/compliance implications of President Trump’s designations of drug cartels as FTOs.
Global Magnitsky Sanctions- FAQs
The Global Magnitsky Sanctions target corruption and serious human rights abuse worldwide, without need for a U.S. jurisdictional nexus. MassPoint’s Global Magnitsky FAQs answers frequently asked questions about the Global Magnitsky Sanctions program (GloMag).
Hdeel Abdelhady Discussed Critical Minerals, National Security & Supply Chains (Part III)
Hdeel Abdelhady discussed the critical minerals, national security, and supply chains nexus in this American Bar Association program.
Hdeel Abdelhady spoke on gatekeeper regulation at the Federal Bar Assn
Hdeel Abdelhady spoke at the Federal Bar Assn’s tax law conference, on lawyers as gatekeepers of the U.S. financial system. The panel addressed…
FinCEN Expands AML Real Estate GTOs
On August 22, 2017, the Financial Crimes Enforcement Network (FinCEN) issued revised Geographic Targeting Orders (GTOs) designed to combat money laundering and related financial crimes in select U.S. residential real estate markets. The GTOs further expand the scope of GTOs issued in January 2016, expanded in July 2016, and renewed in February 2017. In tandem with the August GTOs, FinCEN issued an Advisory to Financial Institutions and Real Estate Firms and Professionals (the “Advisory”) and FAQs.
Regulatory landscape for legal firms in the U.S.: Hdeel Abdelhady RegTech Podcast
In a two part RegTech podcast, MassPoint’s Hdeel Abdelhady talked with Accuity about issues of financial crime, due diligence, and related issues around lawyers as gatekeepers of the financial system.
Hdeel Abdelhady-Accuity Q&A: COVID, Supply Chains & Sanctions
In the second part of her Q&A with Accuity, Hdeel Abdelhady shared her thoughts on the current and potential impacts of the COVID-19 pandemic on global supply chains, sanctions, and financial crime
CFTC Corruption Crackdown Consistent With Trump Strategy, Says Hdeel Abdelhady
Ms. Abdelhady addressed how the CFTC’s current investigation of Glencore and its broader anti-corruption plans might fit with the Trump Administration’s wider anti-corruption strategy targeting the extractives industry globally, as well as the how the CFTC, which lacks direct FCPA enforcement authority, might take a page from the NYDFS’ playbook and indirectly enforce an anti-corruption agenda under the Commodities Exchange Act.
Anti-Corruption Enforcement is Globalized
As anti-corruption standards and enforcement practices become more uniform, cooperation among enforcement authorities will increase in frequency and effectiveness. In the FCPA enforcement context and in others, authorities have imposed record-setting fines, and likely will continue to do so with greater frequency, particularly where violations are egregious, widespread, or have broad impact. In such an environment, monetary penalties for avoidable violations may no longer be absorbable as the cost of doing business. As a matter of good business practice, companies of all sizes should take steps to strengthen compliance programs appropriately for their industries, organizational structures, home obligations, and the jurisdictions in which they do business.