Oct 22, 2018
Joseph Moreno comments on the importance of maintaining the confidentiality of suspicious activity reports (SARs).
An excerpt from, "Treasury Leak Case Could Chill Banks' Reporting of Suspicious Activities," Wall Street Journal, October 22, 2018:
Banks and other financial institutions work hard to ensure the secrecy of the SARs to protect the privacy of the individuals identified in them and the methodology used to spot the suspicious activity in the first place, said Joseph Moreno, a partner at the firm Cadwalader Wickersham & Taft LLP.
"Law enforcement and other government officials know how important it is to maintain the confidentiality of SARs, which for years have largely not seen the light of day," said Mr. Moreno, who previously served in the counterterrorism section of the Justice Department.
The Bank of England has initiated a review of its own exposure to LIBOR,
Scott Cammarn, Jonathan Watkins, Mark Chorazak, Aaron Lang
On 7 June 2019, Regulation (EU) 2019/876 (CRR II) was published in the Official Journal of the EU.