Overview
Since September 11, 2001, Wiley has expanded our services to include a robust anti-money-laundering practice. With respect to the Bank Secrecy Act as amended by the USA PATRIOT Act, we counsel U.S. financial institutions and foreign entities with U.S. business units concerning comprehensive risk assessments and corresponding risk-based compliance programs. We also work with industry groups to develop anti-money-laundering best practices.
We routinely offer Financial Crimes Enforcement Network (FinCEN)-related services including:
- Risk assessments of clients' customers, products, services, and geographic reach in order to develop appropriately risk-based compliance programs;
- Review of individual policies and procedures for customer identification, suspicious activity reporting, and other reporting obligations, including CTRs and Form 8300s;
- Anti-money-laundering training;
- Requests for advisory opinions;
- Responses to FinCEN inquiries; and
- Representing clients before the Executive branch officials in FinCEN, the Treasury Department, and on Capitol Hill.
We have delivered these services to leading companies across multiple industry sectors, including:
- Banks;
- Money services businesses;
- Dealers in precious metals, precious stones, and jewels;
- Insurance and reinsurance companies; and
- Corporate formation agents.
Contact Us
John R. Shane
202.719.7222 | jshane@wiley.law
Daniel B. Pickard
202.719.7285 | dpickard@wiley.law
Related Capabilities
- Anti-Money-Laundering
- Antidumping and Countervailing Duties/Import Relief Proceedings
- Committee on Foreign Investment in the United States (CFIUS)
- Customs Law and Compliance
- Digital Trade
- Economic Sanctions/OFAC
- Export Controls
- Foreign Agents Registration Act (FARA)
- Foreign Corrupt Practices Act and Anti‑Corruption
- Foreign Ownership, Control or Influence (FOCI)
- International Arbitration/Dispute Resolution
- Negotiations and Agreement Compliance
- Team Telecom
- Trade Policy
- World Trade Organization
Related News & Insights
- AlertAML Compliance Update: Congress Passes Corporate Transparency ActJanuary 6, 2021Antonio J. Reynolds, Vesna K. Harasic-Yaksic
- Press ReleaseDaniel Pickard and Tracye Howard to Lead Wiley Rein’s National Security GroupJanuary 7, 2019Tracye Winfrey Howard, Peter S. Hyun, Daniel B. Pickard, Alan H. Price, Richard C. Sofield
- Press ReleaseWiley Rein’s Alan Price Profiled as ‘International Trade MVP’ by Law360December 1, 2015Alan H. Price
- ArticleCommerzbank Fined $1.45 Billion For Sanctions And Money Laundering ViolationsAmerican Trade & Manufacturing BlogMarch 13, 2015