FCPA Alert: U.S. Government Still Contends That The FCPA Applies Extraterritorially

In its recent and widely publicized opinion in United States v. Hoskins, the United States Court of Appeals for the Second Circuit (New York) held that criminal liability under the FCPA should not apply to a nonresident foreigner if the crime was not committed within the U.S. and the individual was not an officer, director, employee, or stockholder of an American company, or otherwise had no agency relationship with a U.S. person…

Alerta FinCEN

El 7 de septiembre de 2018, la Red de Control de Crímenes Financieros (“FinCEN”) estableció una excepción a las obligaciones que tienen los bancos, los comerciantes o corredores de valores, los fondos de inversión, los intermediarios comisionistas de futuros y los agentes de introducción en mercancías, bajo la Regla del Beneficiario Final.

FinCEN Alert

On September 7, 2018, the Financial Crimes Enforcement Network (“FinCEN”) established an exception to the obligations that banks, brokers or dealers in securities, mutual funds, futures commission merchants, and introducing brokers in commodities have under the Beneficial Ownership Rule.