justice department

Crypto Crackdowns Could Take Back Seat to Immigration Under Trump
Crypto Crackdowns Could Take Back Seat to Immigration Under Trump
November 17, 2024  |  Cryptocurrency

Expect the U.S. government to scale back enforcement of the cryptocurrency sector under the new administration. That was the message Friday (Nov. 15) from current...

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Report: US Government Investigating Citigroup’s Anti-Money Laundering Policies
Report: US Government Investigating Citigroup’s Anti-Money Laundering Policies
November 14, 2024  |  AML

U.S. government agencies are reportedly investigating Citigroup’s anti-money laundering (AML) policies and its ties to a sanctioned Russian official. The Department of Justice (DOJ), the...

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Trump May Reassess Antitrust, Merger Policies, Potentially Halt Google Breakup
Trump May Reassess Antitrust, Merger Policies, Potentially Halt Google Breakup
November 06, 2024  |  ANTITRUST

So what will U.S. antitrust policies look like under the new administration? According to a Reuters report, experts predict Donald Trump will roll back some...

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Federal Agencies Aim to Combat Algorithmic Bias in AI
Federal Agencies Aim to Combat Algorithmic Bias in AI
October 11, 2024  |  artificial intelligence

Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices...

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Regulators Tell TD Bank How to Fix AML Failures
Regulators Tell TD Bank How to Fix AML Failures
October 10, 2024  |  AML

TD Bank Group said Thursday (Oct. 10) that it takes full responsibility for the failures of its U.S. Bank Secrecy Act (BSA) and anti-money laundering...

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TD Bank Reportedly Facing $3 Billion Money Laundering Penalty
TD Bank Reportedly Facing $3 Billion Money Laundering Penalty
October 10, 2024  |  Bank Regulation

TD Bank’s American unit is reportedly set to plead guilty to anti-money laundering failures. The Toronto-based bank is expected to pay a roughly $3 billion...

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US Charges 18 Companies and Individuals, Alleging Crypto Market Manipulation
US Charges 18 Companies and Individuals, Alleging Crypto Market Manipulation
October 09, 2024  |  Cryptocurrency

Eighteen companies and individuals are facing charges related to alleged fraud and manipulation in cryptocurrency markets. The charges, which were unsealed in Boston, concern the...

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Federal Agencies Warn Businesses and Consumers About Hurricane-Related Scams
Federal Agencies Warn Businesses and Consumers About Hurricane-Related Scams
October 09, 2024  |  Security & Fraud

With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to...

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Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
September 24, 2024  |  artificial intelligence

Companies’ use of artificial intelligence (AI) is one of the things prosecutors will look at when assessing their compliance programs during investigations of criminal offenses...

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