RECORDED WEBCAST

The need for banks and other financial institutions to design their Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance program is paramount to mitigate financing risks and, most importantly, ensure conformity with the heightening BSA/AML regulations. Adopting a risk-based approach that focuses on detection and mitigation measures from potential illicit financial transactions is at the core to avoid hefty fines and legal liabilities. Moreover, banks and financial institutions must keep themselves abreast with emerging regulatory developments to avoid pitfalls.

The unprecedented challenges brought by the COVID-19 pandemic resulted in drastic changes in the commercial real estate industry.

Non-fungible tokens (NFTs), which are unique digital assets hosted on a blockchain, have become a multi-billion-dollar phenomenon — gaining popularity across multiple domains.

New and emerging technologies continue to bring opportunities to the insurance services sector. Besides enhancing actuarial and underwriting processes, insurtech is also a cost-effective way for insurance companies to launch new product developments and improve customer experience.

In recent years, psychedelics have been gaining popularity when it comes to treating an array of mental health issues. With its promising medical and therapeutic benefits, psychedelic-assisted psychotherapy (PAP) is generating significant interest among policymakers, medical professionals, and the public. As it provides an alternative treatment for refractory mental health concerns, several cities in the U.S are starting to decriminalize some psychedelics.

The Hatch-Waxman Act was originally designed to spur pharmaceutical innovation and increase consumer access to affordable drugs.

Companies engaging in mergers and acquisitions (M&A) transactions often don’t consider the multistate tax aspects of the deal until the transaction is ready to close. Retroactive sales tax exposure is one item addressed by the purchasing company in the due diligence process and often leaves the seller surprised at the discovery of unexpected liabilities.

Commercial litigation can be a complex and costly process. Stakes are often high especially when it comes to calculating lost profits. In the battle over lost profit damages, both sides must face the tough challenge of choosing which calculation methodologies, documentation, and expert evidence to use. Defendants will often try to push back, citing credible damages studies that often leave the opposition with little to no significant damages awards.

Keeping pace with the ever-evolving tax rules is one of the biggest pain points for tax teams.

The emergence of cryptocurrencies continues to transform the market through digital distributed ledger transactions. However, the current crypto market crash forced several cryptocurrency trading platforms to file for Chapter 11 bankruptcy. Thus, leaving uncertainties and a myriad of issues and challenges to the already highly volatile crypto market.

In just a few short years, the IP landscape in Asia has shifted dramatically, and nowhere more than in IP monetization.

Preserving and protecting privilege remains a critical and challenging issue in internal investigations. Taking a misstep by disclosing sensitive information can result in damaging legal and reputational consequences. With the ethical traps, potential large number of factual witnesses who must keep information confidential for privilege to be preserved, the possible involvement of outside technical experts, and numerous other  issues that arise during an investigation, the protection of privilege is tricky.

In recent years, ransomware incidents have caused widespread disruptions and devastating consequences to various organizations.

Just a few years ago, almost nobody thought that storage & backups were important. That’s no longer the case today.

Over the years, the number of class action lawsuits has significantly grown in both federal and state courts. As regulatory developments continue to emerge and impact litigation practices, practitioners are confronted with significant challenges. Hence, they must keep themselves abreast of any development in this field of law. Likewise, implementing a sound class action strategy is critical to dodge any litigation pitfall.