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Navigating the Hidden Web of Iranian Shadow Banking: Legal and Compliance Implications for U.S. Businesses.

The Financial Crimes Enforcement Network (FinCEN) recently released its Financial Trend Analysis on Iranian Shadow Banking , revealing an intricate $9 billion global network of shell and front companies used by the Iranian regime to evade U.S. sanctions. While the report centers on national security and sanctions enforcement, its findings

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U.S. Sanctions Cybercriminal Networks: What It Means for Business Litigation, M&A Due Diligence, and Tax Compliance.

On October 19, 2023, the U.S. Treasury Department, in coordination with the U.K. government, announced the largest-ever joint sanctions targeting cybercriminal networks in Southeast Asia. This move highlights growing global efforts to combat cyber fraud, money laundering, and human trafficking, with broad implications for U.S. businesses engaged in cross-border operations.

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