Insights

Washington – August 15, 2024: The 2025 edition of The Best Lawyers in America® has recognized 42 Crowell & Moring lawyers as "Best Lawyers" and 29 lawyers as “Ones to Watch.”

On February 22, 2023, United States Attorneys for the Southern and Eastern District of New York announced a new, nationwide United States Attorneys’ Offices Voluntary Self-Disclosure (“VSD”) Policy. The policy applies to all United States Attorney’s Offices and is effective immediately. The implementation of the policy follows Deputy Attorney General Monaco’s September 15, 2022 memorandum instructing each component of the Department of Justice that prosecutes corporate crime to review, or draft and publicly share its policies on corporate voluntary self-disclosure and Assistant Attorney General Kenneth A. Polite, Jr’s remarks on revisions to the Criminal Division’s Corporate Enforcement Policy. The VSD policy incentivizes companies to voluntarily disclose misconduct and offers significant benefits for timely disclosure.

Businesses engaged in virtual currency activities with a BitLicense or limited purpose trust charter from the New York State Department of Financial Services (NYDFS) may now face additional fees for supervision in New York, as provided by New York State’s FY2023 budget bill. Signed into law on April 9, 2022, by Governor Kathy Hochul, Senate Bill S.8008C (the “Legislation”) amends New York’s financial services laws to defray NYDFS’ operating expenses for supervision of businesses that engage in virtual currency business activity.

Agency Issues First National Priorities for Anti-Money Laundering and Counter-Terrorist Financing, Completes Assessment on Potential No-Action Letter Process, Provides 180-Day Update on AML Act Implementation, and Appoints First-Ever Chief Digital Currency Advisor

Pressure. It’s the one constant for all legal departments, and general counsel rarely face more of it than when they’re leading an investigation that has made headlines and captured the public’s attention. In the digital age, the appetite for instant answers combined with intense public scrutiny has put tremendous pressure on every aspect of investigations—from the way facts are gathered to executive accountability, government relations, and managing the impact of the crisis on the brand and the stock price.

The program covers the preservation of the attorney client privilege during internal investigations and will examine both the basics of privilege law and best practices for preserving it in the U.S. Attendees will find this program very beneficial for members of the compliance, internal audit, and legal functions.

Over the past few years, criminal and civil government agencies engaged in increased enforcement efforts around the Home Health Industry. These efforts show no sign of slowing, and are focused on Wage Parity Act compliance. The federal, state, and local enforcement agencies scrutinizing Home Health Industry employers and fiscal intermediaries include the United States Attorney’s Office for the Eastern District of New York; the United States Department of Labor; the New York State Attorney General’s Office, the Office of Medicaid Inspector General, and the New York City Department of Consumer Affairs. 

SIFMA’s C&L Annual Seminar is the premier event for compliance and legal professionals working in the financial services industry. This seminar provides a unique opportunity for industry leaders and regulators to gather for three days of information sharing, networking and collaboration.

The 116th Congress is sworn in, and the House of Representatives has already begun to set the stage for Congressional investigations – targeting everything from healthcare and financial services to privacy, the Executive Branch, and Russia. What is this all about and what does it mean for you and your business?

Conducting an internal investigation is fraught with pitfalls for the unwary and unprepared. This webinar is designed to alert you to those pitfalls and to discuss best practices in structuring and conducting internal investigations of any kind. There are many different circumstances under which a company will need to conduct an internal investigation. Sometimes an issue that warrants investigation to ensure statutory, regulatory or contractual compliance will arise internally or informally from a customer. Other times an investigation will be triggered by a request for information from the government.