The United States is singularly positioned (and willing) to leverage its economic and financial strength to enforce its laws and policies globally. American economic and financial heft facilitates the extraterritorial reach of U.S. law. Global transactions that are denominated in U.S. dollars and processed through the U.S. financial system “touch” the United States, come within its jurisdiction and create a jurisdictional nexus to foreign parties, property and events associated with those transactions.The rise of the renminbi and non-dollar trade and finance channels such as One Belt One Road, the BRICs Bank, and the Asian Infrastructure Investment Bank could curtail the global, extraterritorial reach of U.S. law.
MassPoint PLLC's banking and finance law publications covering anti-money laundering (AML), anti-terrorism financing (CFT), anti-corruption/Foreign Corrupt Practices Act compliance, OFAC Sanctions compliance, and Islamic banking and finance.
MassPoint Legal and Strategy Advisory/Hdeel Abdelhady publications on banking and finance, compliance and governance, and investment with focuses on emerging and growth markets and strategic investments in food, agriculture and water.