MVA White Collar Defense, Investigations, and Regulatory Advice Blog

MVA Financial Regulatory Advice and Response Member Barbara Meeks and Associate Jules Carter will serve as panelists for the Lorman webinar titled, “BSA/AML Customer Identification Program and Due Diligence Basics” which will take place on March 11.

This webinar will provide an overview of BSA/AML/Know Your Customer (KYC) components,  including the Customer Identification Program (CIP) and beneficial owner Customer Due Diligence (CDD) Rules. They will cover key definitions and procedural issues for compliance and highlight areas of risk for enhanced due ...

MVA Financial Services Member Lauren Biek, Co-head of Financial Regulatory Advice and Response Neil Bloomfield, and Financial Services Counsel Ed Ivey will serve as panelists during the NCBA: The Business Lawyer as First Responder, 2021 Business Law Section Program. This live webcast will take place on February 11. Additionally, Financial Services Member Kimberly Zirkle serves on the planning committee for the Business Law Section program.
 
The panel titled, “SOFR, So Good? Current Issues in Credit Agreements” will highlight the differences in approach ...

Moore & Van Allen (MVA) Co-head of the White Collar, Regulatory Defense & Investigations practice and member of the firm’s Management Committee, Valecia McDowell has been highlighted in the Business North Carolina article titled, “Dynamic Diversity: The Changing Look of N.C. Executive Power,” published on February 1. The article also mentions area CEOs Marvin Ellison of Lowe’s and Gene Woods of Atrium Health.
 
To view the complete Business North Carolina article, please click here.

Moore & Van Allen (MVA) Co-head of the White Collar, Regulatory Defense and Investigations practice and a member of the firm’s Management Committee, Valecia McDowell, will be teaching the LAW 832 - Internal Investigations course during the winter session for Duke Law on February 19 - 21.
 
During this course, students will study the range of legal and practical issues in the conduct of in-house investigations of potential illegal conduct by corporate employees and officers. Students will participate in simulated exercises involving interviews of company employees in the ...

Moore & Van Allen (MVA) Financial Regulatory Advice and Response Member Ed O’Keefe will serve as the moderator for the panel titled, “Long-Term Effects of COVID-19 on Bank Health” during the Banking Institute Program which will take place March 18-19. Ed’s panel includes senior representatives of the OCC, Federal Reserve, NC Department of Banking and the Bank Policy Institute.

This year's Institute agenda also includes panels on: 

• The Current State of the LIBOR Transition
• Diversity and Inclusion: A Business Imperative
• Bank Partnerships with FinTech Firms

And ...

Moore & Van Allen’s (MVA) White Collar Defense, Investigations, and Regulatory Advice Member Jim McLoughlin and Associate Kristen Kenley’s blog titled, “Healthcare: Indictment for Antitrust in Employment” was published on January 25.

MVA Financial Services Counsel Ed Ivey‘s article titled “Election Season Special: 2021 Candidates for LIBOR Replacement” was recently published in the Futures & Derivatives Law Report, a Thomson Reuters publication. The article provides an overview and analysis regarding the various non-SOFR alternative reference rates, such as Ameribor, and issues related to the chances such rates have at being adopted and widely used in the market.
 
The article
Get excited. The next big election season is about to kick-off. The London Inter- bank Offered Rate (“LIBOR”) is ...

In December, the Department of Justice filed its first ever criminal case for price fixing of wages. DOJ indicted the owner of a physical therapist staffing company for instigating a conspiracy among physical therapy services to suppress competition and fix wages for physical therapists and physical therapy assistants. Neerha Jindal, whose former company operated in the Dallas-Fort Worth area, was indicted in the Eastern District of Texas for violation of Section 1 of the Sherman Act. 

In Count One, DOJ alleges Mr. Jindal successfully encouraged his co-conspirators at other ...

On October 15, 2020, the Financial Crimes Enforcement Network of the U.S. Department of Treasury (FinCEN) released its Supplemental Advisory on Identifying and Reporting Human Trafficking and Related Activity (Supplemental Advisory). The last time FinCEN provided guidance on identifying trafficking in anti-money laundering (AML) processes was in Guidance on Recognizing Activity that May be Associated with Human Smuggling and Human Trafficking – Financial Red Flags on September 11, 2014. The evolving tactics of human traffickers and behaviors of victims required ...

By: Elena F. Mitchell and Frank Schall.

The U.S. Department of the Treasury (“Treasury”) recently published a proposed rule that would modify the mandatory filing requirements in place throughout the pilot program for certain foreign investment transactions subject to review by the Committee on Foreign Investment in the United States (“CFIUS”) pursuant to the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA”). The proposed rule modifies the mandatory filing requirement for “critical technologies” transactions involving a U.S. business ...