Our lawyers are well versed in the complex and ever-evolving laws and regulations concerning anti-money laundering (AML) and economic sanctions. The current regulatory environment, combined with the Anti-Money Laundering Act of 2020, and several recent high-profile enforcement actions, seem to indicate that that AML and economic sanctions will continue to be a top priority for law enforcement and regulators both domestically and abroad for some time. Our lawyers have a long track record of assisting clients in enhancing their financial crimes compliance programs, conducting internal investigations, formulating, and tracking remediation actions, suspicious activity reporting, and communicating with regulators to minimize and manage risks relating to financial crimes compliance, including potential enforcement actions, hefty fines, and criminal prosecution. We have represented a wide range of individual and corporate clients in AML and U.S. sanctions-related enforcement actions and investigations before the NY DFS, the Fed, FDIC, OCC, OFAC, FinCEN and DOJ, as well as responses to government subpoenas.
We also advise clients on export and re-export controls, customs, and government contracts matters in multiple regulatory jurisdictions. We routinely handle cases involving all aspects of U.S. export controls, including programs intended to monitor and regulate the transfer of goods, technology, software, services, and information to foreign nationals and foreign destinations administered under the Commerce Department, the State Department, the Department of the Treasury's Office of Foreign Assets Control (OFAC), the Nuclear Regulatory Commission, and other economic sanctions regimes, as well as cases involving commercial firms and defense contractors under International Traffic in Arms Regulations (ITAR).
Prior to joining the firm, several of the firm’s partners served in government-appointed positions at the Commerce Department’s Bureau of Industry and Security managing many of the Agency's largest export control settlements and indictments, including criminal investigations related to Chinese exports and the freight-forwarding industry, and as federal prosecutors working on cases involving terrorism, wire and mail fraud, economic espionage, and export control violations, among many other matters.