Skadden represents a wide variety of U.S. and international clients on regulatory, civil and criminal matters involving U.S. and European anti-money laundering (AML) and economic sanctions laws, including those administered by the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN) and other federal and state regulators, the EU, Her Majesty’s Treasury and the French Ministry of Finance, among others.
Skadden advises multinational companies from all industries, their boards and senior officers, foreign issuers and individuals in all aspects of global economic sanctions and anti-money laundering. Our work includes counseling on compliance, examinations, voluntary disclosures, transactional due diligence, implementation of remedial measures and compliance programs, and defense of federal and state government investigations. We frequently assist clients in the development and implementation of internal compliance programs, conduct internal investigations and advise on the design of remedial measures (including in-house training programs).
We have substantial experience in the resolution of administrative and enforcement proceedings involving federal and state regulatory agencies and law enforcement. Our attorneys also are experienced in a wide variety of matters involving banking secrecy and data protection compliance matters.
Our attorneys advise clients in a wide variety of matters involving OFAC, FinCEN, the Department of Financial Services of New York, the OCC, and other federal and state agencies. Additionally, we assist with various disclosure requirements for European investigative agencies, including the U.K. Serious Fraud Office, the Financial Conduct Authority, the Prudential Regulatory Authority, the German BaFin and public prosecutors, the French AMF and investigating magistrates.
Many of our attorneys have government experience directly related to economic, financial and international trade sanctions, including in the Office of Foreign Assets Control, the U.S. Department of the Treasury’s Office of Terrorist Financing and Financial Crimes, the Federal Reserve System, the U.S. Department of Commerce and the U.S. Department of State, as well as serving as a legislative adviser for international trade and foreign policy in the U.S. Senate. Our attorneys also have served on the U.S. Attorney General’s Economic Crimes Council and the Defense Policy Advisory Committee on Trade.
We received a 2017 Chambers USA Award for Excellence for having the nation’s top Securities and Financial Services Regulation practice. Skadden was one of only five firms recognized in the Sanctions Law Firm of the Year — USA category at the WorldECR 2016 awards, and we were shortlisted for the award in 2015. We were named 2014 “Investigations Firm of the Year” by Who’s Who Legal, and we received the award for “Global Dispute of the Year, Investigations” from The American Lawyer at its 2015 Global Legal Awards. The practice and its attorneys also have been recognized by Chambers and Partners, US News — Best Lawyers “Best Law Firms,” IFLR1000 and Legal 500.