Latham advises and defends global financial institutions, service providers, cryptocurrency and fintech ventures, as well as private equity firms and other investment funds, on the full range of anti-money laundering (AML) matters, from responding to investigations to defending government enforcement actions to implementing robust and active compliance and monitoring programs. We counsel regulated entities on Bank Secrecy Act investigations and compliance matters, and we counsel non-regulated entities that face exposure under federal criminal money laundering statutes.
Our holistic approach to AML compliance helps clients keep clear of potential AML violations — and able to respond quickly and effectively to incidents and government inquiries. When needed, we rapidly mobilize global teams to address AML issues in every jurisdiction where clients operate. We also coordinate AML counsel with Latham’s economic sanctions and foreign anti-corruption teams to ensure a streamlined and robust approach to regulatory compliance and enforcement defense. We counsel on and defend against charges involving cutting-edge applications of AML laws to digital asset and e-commerce businesses around the world.
Our litigation teams routinely represent clients facing criminal and regulatory AML investigations brought by the principal US agencies, including Treasury, the Department of Justice, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, as well as state authorities. The team includes a number of former high-ranking US government officials with AML experience, including Chief Counsel at the Internal Revenue Service and a Tax Policy Fellow at Treasury, who bring tremendous insight to how these agencies approach AML matters.