December 18, 2023 | Media Mentions | Globset
The new rule set to be released in early 2024 by the Financial Crimes Enforcement Department will require real estate professionals to report anyone who pays all cash for real estate. Eric Young elaborates in a Globest article, “Proposed Money Laundering Rule for Real Estate Coming Soon,” how this new rule will also tighten the loophole between the current anti-money laundering risks and our national security.
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August 16, 2023 | Articles | Corporate Compliance Insights
The U.S-China relationship has never exactly been a great one- But recent escalations on both sides of the divide have corporations with business interests in China caught in the middle. Bradley L. Dizik and Akiko Goldberg discuss the strain on due diligence investigators.… Read More
January 31, 2023 | Webinars
Julie Myers Wood will join the panel for The National Security Institute’s next event in its Crypto & National Security series. Topics include the the role of the dollar in U.S. national security and its relation to the state of global currency competition; broad crypto adoption, or strict regulation; how the lack of a digital dollar in the United States favors private digital currencies for investment value or/and buying power; and the role crypto plays the in U.S.-China competition.
November 4, 2022 | Media Mentions | IFLR
The Committee on Foreign Investment in the US (CFIUS) was subject to a rare executive order in September. This is the first time in CFIUS’s nearly 50-year history that the president has expressly directed it to consider specific sets of factors in its review of national-security risks arising from covered transactions in the US. Kenneth Mendelson points out, ““The executive order does not change CFIUS’s jurisdiction, mandate, remedies or resources … CFIUS always had broad discretion regarding how to interpret … Read More