Rimon Partner, DAANISH HAMID, was recently interviewed by Financier Worldwide on recent enforcement and compliance trends involving the Foreign Corrupt Practice Act (FCPA). A full version of the article is available here: FCPA enforcement: primed to re-emerge under Biden? — Financier Worldwide Read more about Daanish Hamid here. Daanish Hamid is a partner in Rimon’s…

Presenter: Daanish Hamid, Compliance and Investigations Partner at Rimon PC Time/Date: June 8, 2023, 9:00 am Colombia Time | 10:00 am US Eastern U.S. enforcement authorities have pursued several key FCPA and money laundering cases involving business in Latin America. In some instances, these matters have resulted in significant fines, penalties and other consequences. Both…

CFIUS – Upping the Ante Article written by Sarah Wong of Asian Legal Business. Republished with consent of journalist. As the United States and China remain locked in a trade standoff, U.S. President Joe Biden has ushered in a fresh set of criteria on foreign investment review on the grounds of national security in a…

The Foreign Corrupt Practices Act An Executive Summary Recent months have seen a resurgence in interest in the Foreign Corrupt Practice Act (FCPA) and related matters as a result of enforcement activity that have yielded significant fines, penalties, and disgorgements. In one instance, a company had to pay a $700 million settlement to resolve FCPA…

Transaction Parties Put on Notice that CFIUS Plans to Ramp up Enforcement The Treasury Department just released its “first-ever” CFIUS Enforcement and Penalty Guidelines – yet another strong indicator of how the U.S. government is enhancing its scrutiny of foreign investments into the United States. Among other matters these Guidelines explain how CFIUS will assess…

The Committee on Foreign Investment in the United States (“CFIUS”) is an interagency committee chaired by the Secretary of the Treasury that screens certain foreign investments or acquisitions of U.S. businesses or real estate to determine if they could impair US national security. If CFIUS determines that it has jurisdiction and that a transaction raises…

About the Webinar: The Committee on Foreign Investment in the United States (“CFIUS”) continues to play an active and expanding role. CFIUS is an interagency committee chaired by the U.S. Secretary of the Treasury that screens certain foreign investments in or acquisitions of U.S. businesses or real estate to determine if they could impair U.S.…

The Department of the Treasury recently held its inaugural conference on the Committee on Foreign Investment in the United States (CFIUS). During this conference, various government officials emphasized the expanding role of CFIUS with respect to performing national security screenings of foreign investments in U.S. businesses and real estate. CFIUS is particularly interested in ensuring…

US enforcement agencies continue to show a growing interest in the use of cryptocurrency to evade sanctions. The Office of Foreign Assets Exchange (OFAC) has blacklisted certain cryptocurrency exchanges (see Treasury Takes Robust Actions to Counter Ransomware | U.S. Department of the Treasury) in addition to obtaining a $500k settlement with a crypto processing company…

Tuesday, April 5, 2022 | 4:00-5:00pm CET/10:00-11:00am EDT/7:00-8:00am PDT Watch Here Webinar Description: The Ukraine/Russia Crisis raises many questions for companies and investors on how to conduct business globally, given economic sanctions imposed on Russia. In this interactive webinar, we will explore several scenarios which companies may find themselves in. We will discuss the regulatory…