Fincen announces Shinhan Bank America will pay $15M for BSA Violations

Picasa/Jarretera – WASHINGTON — The Financial Crimes Enforcement Network announced Friday a $15 million civil penalty against New York City-based Shinhan Bank America for willful violations of the Bank Secrecy Act involving transactions connected to tax evasion, public corruption and money laundering. “SHBA willfully disregarded its obligations under the [Bank Secrecy Act] to maintain … Read more

UK: Key differences in the legal privileges in the US and England – Kennedys

To print this article, all you need is to be registered or login on The US concepts of the attorney-client privilege and the work-product doctrine are rooted in England’s and Wales’s legal advice and litigation privileges. The primary purpose of the attorney-client privilege and the legal advice privilege is to foster frank communication, … Read more

Microsoft Co. (NASDAQ:MSFT) Holdings Raised by Acropolis Investment Management LLC

Acropolis Investment Management LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 2.5% during the 2nd quarter, reports. The firm owned 16,135 shares of the software giant’s stock after purchasing an additional 401 shares during the period. Acropolis Investment Management LLC’s holdings in Microsoft were worth $5,494,000 as of … Read more

How to Choose a Financial Advisor: 2024 Guide

4. Consider how much you can afford to pay your financial advisor Part of your search for a financial advisor will be checking your budget to see how much you can afford to spend. In general, there are two broad categories of financial advisor fee structures: commission-based advisors and fee-only advisors.  Commission-based advisors earn commissions … Read more

Mandatory minimums, payday lending, and voting rights in first session of Supreme Court term

SESSION PREVIEW By Amy Howe on Sep 29, 2023 at 4:04 pm The South Carolina State House where Republican legislators enacted a redistricting plan that will come before the Supreme Court on Oct. 11. (Dennis MacDonald via Shutterstock) The Supreme Court will kick off its 2023-24 term on the traditional first Monday in October. The … Read more

4 States Received Enhanced Medicaid Funding During Covid Despite Wrongly Terminating Coverage

Four states did not meet all of the requirements to receive enhanced federal Medicaid funding during the Covid-19 public health emergency, a new Office of Inspector General (OIG) report found. During the Covid-19 public health emergency, there was a continuous enrollment provision in place that barred states from disenrolling Medicaid beneficiaries unless they voluntarily disenrolled … Read more