Lily Squires

Pérez-Llorca has recruited a partner to lead its new tax practice in Mexico, the firm’s first local partner hire since finalising its merger with González Calvillo.

The concessionaire of a Uruguayan railway project has enlisted Dentons Jiménez de Aréchaga in Montevideo to add US$110 million worth of new financing to an existing US$250 million package.

US authorities found deficiencies in TD Bank's AML programme, including failures in updating its transactions monitoring system and identifying suspicious activity.

In a hearing that began yesterday, UK law firm Pogust Goodhead is representing more than 620,000 victims seeking US$47 billion in damages from BHP in relation to the Brazil’s Mariana dam disaster collapse – marking the largest mass lawsuit in English legal history by value.

The UK FCA recently fined two FIs for unfair treatment of vulnerable customers, joining other regulators around the world taking action to protect consumers. What should FIs do to protect vulnerable consumers?

Singapore publishes a new AML strategy, FAFT updates lists of jurisdictions with weak AML regimes, and the EU, UK and Canada impose sanctions on entities associated with the Myanmar military – plus other key updates.

FIs should map third-party relationships, test scenarios, implement clear incident communication plans, and review impact tolerances to bolster operational resilience.

In-house lawyers from Uber, Adidas and Pernod Ricard are set to speak at Latin Lawyer Live: Labour & Employment next month. Read on for information on the agenda and details of how to register.

Companies could be held criminally liable for failing to prevent fraud and should complete fraud risk assessments and introduce prevention procedures to prepare.

The UK issues guidance on the new “failure to prevent fraud” offence, China revises its AML law, and Singapore introduces bill for police powers to restrict bank accounts vulnerable to scams – plus other key updates.