In 2020, we wrote about the increased regulatory attention on financial institutions’ obligations to detect and respond to human trafficking. In 2021, we wrote about how anti-human trafficking programs fit squarely in banks’ risk management and ESG platforms. As 2022 comes to a close, we add to these alerts an area of emerging potential bank liability – civil actions alleging failure to detect and respond to human trafficking.
A few weeks ago, two sex trafficking survivors filed lawsuits against two international financial institutions including claims under the ...
About MVA White Collar Defense, Investigations & Regulatory Advice Blog
As government authorities around the world conduct overlapping investigations and bring parallel proceedings in evolving regulatory environments, companies and individuals face challenging regulatory and criminal enforcement dynamics. We provide in-depth analysis and up-to-date information to help our clients navigate these fast-moving areas.
The latest from MVA White Collar Defense, Investigations & Regulatory Advice Blog
- Newly Enacted North Carolina Law Seeks to Encourage Proactive Efforts by Financial Institutions to Combat Financial Exploitation of Older and Disabled Adults
- A Conditional Approval: North Carolina Authorizes Cryptocurrency Kiosks - Subject to Comprehensive Regulatory Oversight and Potential Further City and County Regulation
- MVA Attorneys Co-Author Law360’s Expert Analysis on FDIC Resolution Rule Proposals
- A Lighter Supervisory Touch, But Not a Lower Bar: What the 2026 GSIB Regulatory Feedback May Signal for Resolution Planning