With so many regulatory enforcement actions impacting America’s corporate landscape today—especially citing failures to comply with anti-money laundering (AML) requirements—has anyone asked, “Where were the auditors?” A bank’s internal, independent audit function is the last line of defense before regulators and law enforcement, and...

U.N. Resolution 2231 (2015) endorses the Joint Comprehensive Plan of Action (JCPOA) agreed by Iran and the P5+1. On Implementation Day, all U.N. sanctions resolutions will be terminated and specific restrictions will take their place. Formerly prohibited financial transactions will be permitted so long as...

Proliferation of weapons of mass destruction (WMD) needs to be financed. Whereas much information is publically available regarding procurement of proliferation-sensitive goods and materials and their means of transfer, much less information exists regarding methods and means to finance such procurement. Disrupting finance is...