Peter C. Morrison Subscribe to all posts by Peter C. Morrison FinCEN Alert Highlights Potential U.S. Real Estate Investments by Sanctioned Russian Elites By Peter C. Morrison, Jeffrey J. Chapman, Thomas R. Lansen, Alex J. Brackett and Patrick Rowan on January 30, 2023 Enforcement and Prosecution Policy and Trends, Sanctions, Trade Embargo, and Export Controls The Financial Crimes Enforcement Network recently issued an alert cautioning all financial institutions about potential investments in the U.S. commercial real estate sector, by or on behalf of Russian elites and their proxies. FinCEN’s communication complements U.S. efforts, in response to Russia’s war against Ukraine, to isolate sanctioned Russian persons from the international financial system.… Continue Reading
FinCEN Alert Highlights Potential U.S. Real Estate Investments by Sanctioned Russian Elites By Peter C. Morrison, Jeffrey J. Chapman, Thomas R. Lansen, Alex J. Brackett and Patrick Rowan on January 30, 2023 Enforcement and Prosecution Policy and Trends, Sanctions, Trade Embargo, and Export Controls The Financial Crimes Enforcement Network recently issued an alert cautioning all financial institutions about potential investments in the U.S. commercial real estate sector, by or on behalf of Russian elites and their proxies. FinCEN’s communication complements U.S. efforts, in response to Russia’s war against Ukraine, to isolate sanctioned Russian persons from the international financial system.… Continue Reading
