Legal NewsRoom
Menu
Menu
LEGAL NEWS
HOT TOPICS
LexisNexis® Legal Newsroom
ACA and Healthcare Reform
Antitrust and Unfair Competition
Banking and Finance
Bankruptcy
California
Climate Change
Constitutional Law and Civil Rights
Consumer Protection & Privacy
Contracts and Commercial Law
Corporate
Criminal Law and Procedure
Energy
Environmental
Estate and Elder Law
Family Law
Financial Fraud Law
Florida
Fracking and Alternative Energy
Health Care
Hot Topics
Hurricane Sandy
Illinois
Immigration Law
Immigration Reform
Insurance Law
Intellectual Property
International Law
International Trade
Labor and Employment Law
Law360
Legal Business
Lexis® Hub
Litigation
Mealeys
Media and Entertainment
Mergers and Acquisitions
New Jersey
New York
Pennsylvania
Public Contracts
Public media
Public Policy
Real Estate Law
Securities
Sports Law
Tax Law
Technology
Texas
Top Emerging Trends
Torts
Virtual Currency
Workers' Compensation
NEWS & INSIGHT
Blogs and Newsletters
BIZ Blog
Blog Mosaic
Business of Law Blog
Corporate Law Advisory
Legal Content Insider
LexTalk
State Net
®
Capitol Journal
News & Trending Topics
Law360
Legal Insights & Trends
Lexis Practice Advisor Journal
Professional Communities
Business Insight Solutions – Partner Portal
Corporate InfoPro (Corporate Information Professionals)
InfoPro (Legal Information Professionals)
LexisNexis
®
for Developers
Litigators Verdict & Settlement Exchange
VISIT LEXISNEXIS LEGAL & PROFESSIONAL
Search
Search
Please enter a Keyword
This should not be used for legal research but instead can be used to find solutions that will help you do legal research.
Sign In
Browse By Tags
anti-money laundering
Bank Secrecy Act
Bellco Credit Union
covered financial institutions
due diligence obligations
effectively connected income
FBAR
FBAR regulations
Federal Taxation
Financial Actions Task Force
FinCEN
FINRA
Foreign Bank and Financial Accounts
investment advisers
IRS Notice 2010-23
money laundering
Notice 2011-54
Offshore Voluntary Disclosure Initiative
Offshore Voluntary Disclosure Program
politically exposed person
Private Equity
sec enforcement
TARP
Taxation of Financial Institutions
Troubled Asset Relief Program
LexisNexis Legal Newsroom Staff
over 8 years ago
International Law
International Law Blog
Anti-Money Laundering -- Dealing with Politically Exposed Persons
by Prof. William H. Byrnes IV and Dr. Robert J. Munro Introduction A Politically Exposed Person (PEP) is a person that has been delegated with a powerful, foreign public position either formerly or currently. Family members and close associates...
LexisNexis Tax Law Community Staff
over 8 years ago
Tax Law
Federal Taxation
Currency Transaction Reports
by Prof. William H. Byrnes IV and Robert H. Munro * The Bank Secrecy Act, which sets standards for financial institutions for identifying and preventing money laundering, provides that a Currency Transaction Report, or CTR, must be filed with IRS when...
LN Tax Law Staff
over 11 years ago
Tax Law
State & Local Taxation
Final Regulations Clarify FBAR Reporting Requirements
[ Editor's Note: This narrative is derived from Taxation of Financial Institutions § 26.04 (Matthew Bender).] Under the Bank Secrecy Act, financial institutions must report and maintain records for transactions in cash or currency that exceed...
Ballard Spahr LLP
over 8 years ago
Banking and Finance
Banking & Finance Law Blog
FinCEN Proposes More Extensive Customer Due Diligence Obligations
by Keith R. Fisher As part of the U.S. Treasury Department’s ongoing efforts to combat all forms of illicit financial activity, from terrorist financing and sanctions evasion to more traditional financial crimes (including money laundering, fraud...
Doug Cornelius
over 11 years ago
Banking and Finance
Banking & Finance Law Blog
New Anti-Money Laundering Requirements for Non-Bank Mortgage Lenders and Originators
Private Equity has been siting on the fringes of Anti-money laundering regulation for many years. It's still illegal to be involved in money laundering and fund managers should be taking some steps to protect themselves and to identify problems...
Doug Cornelius
over 11 years ago
Banking and Finance
Banking & Finance Law Blog
Changes Coming With Anti-Money Laundering Requirements
James H. Freis, Jr., Director of the Financial Crimes Enforcement Network, let us know that his agency is working on anti-money laundering requirements for investment advisers. At a November 15, 2011 speech at the American Bankers Association/American...
LN Tax Law Staff
over 11 years ago
Tax Law
Tax Guidance Essentials
Final Regulations Clarify FBAR Reporting Requirements
[ Editor's Note: This narrative is derived from Taxation of Financial Institutions § 26.04 (Matthew Bender).] Under the Bank Secrecy Act, financial institutions must report and maintain records for transactions in cash or currency that exceed...
LexisNexis Tax Center
over 11 years ago
Tax Law
Tax Policy Blog
Additional FBAR Relief for Certain Foreign Financial Account Signatories
by Keith J. Blum , Partner - Boies, Schiller & Flexner LLP On June 16, 2011, the IRS, in Notice 2011-54, further extended the deadline from June 30, 2011, to November 1, 2011, for the filing of the Report of Foreign Bank and Financial Accounts...
Sutherland Asbill & Brennan LLP
over 12 years ago
International Law
International Law Commentary
Sutherland Alert-Resetting the FBAR: Foreign Financial Account Reporting Regulations are Finalized With Significant, But Not Always Helpful, Clarifications
by Carol Tello The Department of Treasury's Financial Crimes Enforcement Network (FinCEN) division recently issued final rules regarding the reporting of foreign bank and financial accounts (commonly known as FBAR filings). The final FBAR regulations...
Sutherland Alert-Resetting the FBAR.pdf
Doug Cornelius
over 12 years ago
Securities
Securities Law Blog
Egypt, Mubarak and Politically Exposed Persons
Egypt's top prosecutor requested the freezing of the foreign assets of ousted president Hosni Mubarak and his family. I expect that is one step in trying to figure out how much of Mubarak's fortune was derived from corruption. I've read...
Thomas O. Gorman
over 12 years ago
Securities
Securities Law Blog
The SEC, FinCEN and FINRA Sanction Broker
The anti-money laundering and customer identification rules are important market policing tools monitored by the SEC, the Financial Crimes Enforcement Network or FinCEN and FINRA. Pinnacle Capital Markets LLC, a broker dealer whose customers are largely...
LexisNexis Tax Center
over 12 years ago
Tax Law
Research Toolbox
New Financial Institution Taxation, Compliance Measures in Force
Banks and financial institutions face a host of new taxation and compliance standards in the wake of distressed economic conditions and Treasury's movement to drive enhanced transparency. Measures in place or pending include: Proposed Fee on...