The CRA team led an investigation related to a registered money service business that facilitates a large volume of money transfers globally. The company received a DOJ subpoena related to money transfers in various OFAC-sanctioned countries. The team was retained by the company’s GC and outside counsel to aid in the response to the subpoena, and to be an independent third-party to review why their systems failed to detect and prevent the violations and to ensure that the company’s remediation efforts were successful.
Reflecting on 2021: Risk, Investigations & Analytics
While 2021 brought challenges and changes to the business and working environment for our team and clients, we continued to execute complex, multidisciplinary...