Publications
Escalating U.S.–Russia Tensions Lead to New Sanctions, Heightened Money-Laundering Risks
April 17, 2014
The United States and others have imposed economic sanctions and issued anti-money-laundering, or AML, advisories in the wake of the growing political tensions between the United States and Russia over the fate of Ukraine. In this article, SRZ attorneys Betty Santangelo, Gary Stein and Peter H. White and former SRZ attorney Nora Lovell Marchant and Lisa A. Prager summarize the actions authorities have taken to date and discuss compliance implications for U.S. businesses engaged in transactions with Russian or Ukrainian counterparties.
Related Insights
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]