How to be a Digital Asset Detective
Step into the role of a digital asset investigator. From tracing complex ownership structures to leveraging blockchain transparency, discover the tools and techniques that bring clarity to a sector often seen as cryptic. Follow along with our investigation into a digital asset business and come away with a step-by-step guide for uncovering hidden risks.
Side Quest
“Side quests” are initiatives that align staff motivations, interests, and experience with discretionary projects. They provide solutions to enhance staff engagement, performance, and retention, and are particularly valuable where resource constraints may slow promotions or pay increases, or where compliance tasks involve repetitive work.
Calibrating the Crosshairs
This article outlines a practical six-step process financial institutions can follow to implement export control red flags within their compliance program. They are referenced as a key requirement in regulatory expectations of financial institutions, which continue to increase in response to recent geopolitical events.
Unverified and Unsure
The Commerce Department’s Bureau of Industry and Security maintains and administers several lists that involve goods, software, and technology, governed by the Export Administration Regulations. The Unverified List is just one of these. What is the Unverified List and what due diligence obligations do entities that transact with parties on the Unverified List have?
Onerous Ownership
New U.S. beneficial ownership reporting requirements went into effect on January 1, 2024, obliging many small businesses to report to FinCEN identifying information about the individuals who directly or indirectly own or control 25% or more of the company. This article explores what you need to know as well as concerns company owners have expressed about the privacy, security, and regulatory scrutiny that accompanies the new regulations.