Tag Archives: Guidance

Taking a byte at financial crime: New AML/CTF guidance and timelines for digital currency exchanges

Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulator, AUSTRAC, has released its guidance with respect to new laws that require digital currency exchange (DCE) providers to register and comply with AML/CTF obligations. AUSTRAC takes a broad approach in interpreting what … Continue reading

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Once More Unto the Breach, Dear Friends — Levin on the Guidance Exception

Ronald Levin, Rulemaking and the Guidance Exception, 70 Admin. L. Rev. (forthcoming 2018), available at SSRN. Michael E Herz The late, great Kenneth Culp Davis was known for many things, but humility was not among them. He knew the answers; … Continue reading

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FinCEN offers additional guidance on the “beneficial ownership rule”

In May 2016, the Financial Crimes Enforcement Network (FinCEN), the U.S. agency tasked with issuing anti-money laundering (AML) regulations, issued a final rule requiring that certain categories of financial institutions identify the beneficial owners of their legal entity customers and … Continue reading

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Guest Post: A Dozen C-Suite Takeaways from the 2018 SEC Cyber-Disclosure Guidance

John Reed Stark As I noted in a post at the time, on February 20, 2018, the SEC issued its guidance for cybersecurity-related disclosures. In the following guest post, John Reed Stark, President of John Reed Stark Consulting and former … Continue reading

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Aurora/CanniMed: Canadian securities regulators provide guidance on takeover bids in Canada – Expect to see more hard lock-ups and fewer tactical poison pills

The Ontario and Saskatchewan securities regulators (the Commissions) have released their reasons in connection with the unsolicited bid of Aurora for CanniMed (the Reasons). Below, members of our Special Situations team set out some of the key lessons of the … Continue reading

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