Kingdom Trust Hit with $1.5 Million Penalty by FinCEN
On April 26, 2023, the U.S. Financial Crimes Enforcement Network (FinCEN) announced it assessed a $1.5 million civil money penalty on...
top of page
Search
Elizabeth A. McMorrow
- Sep 11, 2022
FinCEN Looking Toward Digital IDs
On September 7, 2022, Jimmy Kirby, Acting Deputy Director of the Financial Crimes Enforcement Network (FinCEN) spoke at the 2022 Federal...
Elizabeth A. McMorrow
- Jul 6, 2022
U.S. Financial Agencies Issue Joint Statement on Customer Risk
On July 6, 2022, five U.S. agencies responsible for various aspects of the U.S. financial industry issued a "Joint Statement on the...
Elizabeth A. McMorrow
- May 26, 2022
FinCEN Holding Crypto to a High KYC Standard
On May 19, 2022, Alessio Evangelista, Associate Director of FinCEN’s Enforcement and Compliance Division spoke at the Chainalysis Links...
Elizabeth A. McMorrow
- Jul 15, 2020
Multiple Passports Aren’t Just for Criminals
In some parts of the financial industry, there is an unfounded fear that an individual with more than one passport is a suspicious...
Elizabeth A. McMorrow
- Dec 20, 2019
Perplexing Risk Rankings
Whether it’s assessing a new foreign grantor trust client, setting up a new foreign biotech manufacturing plant or soliciting funds for a...
Elizabeth A. McMorrow
- Oct 24, 2019
Foreign Trusts: South Dakota Regulators’ Tips
The South Dakota Trust Association hosted its third annual Fall Forum on October 17 & October 18, 2019. We were fortunate to have Scott...
Elizabeth A. McMorrow
- Mar 11, 2019
CRS: BVI Expands Reportable Controlling Persons
The British Virgin Islands (BVI) issued revised Common Reporting Standard (CRS) Guidance Notes on February 19, 2019. Included in the...
Elizabeth A. McMorrow
- Mar 1, 2019
Don’t Turn Away a Prospect with More Than 1 Passport
In some parts of the financial industry, there is an unfounded fear that an individual with more than one passport is a suspicious...
Elizabeth A. McMorrow
- Feb 17, 2017
Where FATCA and Biotech Compliance Coincide
In my practice, I represent clients in the financial industry (FATCA/CRS) and in the biotech industry (legal management of foreign...
bottom of page