May 20, 2022
Cadwalader White Collar Defense and Investigations partner Kevin Roberts, special counsel Duncan Grieve and associate Charlotte Glaser have co-authored a chapter titled “Anti-Money Laundering and Cryptocurrency: Legislative Reform and Enforcement,” in the recently released Anti-Money Laundering 2022, fifth edition, published by International Comparative Legal Guides (ICLG).
Against the backdrop of burgeoning market growth in cryptoassets, their chapter explores some of the tensions and potential pitfalls inherent in cryptocurrencies’ acceptance within the broader financial system, particularly the regulated financial sector and other regulated asset classes – and importantly, the increasing corresponding risks under AML legislation.
The chapter covers:
Cadwalader’s transatlantic White Collar Defense and Investigations team represents financial institutions, investment firms, broker-dealers, corporations, boards of directors, audit committees, non-governmental organizations, and individuals in criminal, civil, and administrative proceedings, trials, and appeals. The group, based in the firm’s New York, Washington, Charlotte and London offices, has extensive expertise advising clients on the Foreign Corrupt Practices Act, the UK Bribery Act 2010, the Bank Secrecy Act, the Proceeds of Crime Act, the False Claims Act, and the Commodity Exchange Act, as well as global sanctions, money laundering and asset forfeiture laws.