Matt regularly advises financial institutions as to compliance issues under the Bank Secrecy Act, the USA Patriot Act, the Foreign Account Tax Compliance Act, the anti-money laundering laws and regulations and economic sanctions. Matt represents financial institutions and individuals in enforcement proceedings brought by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and other law enforcement agencies and regulators. He has significant experience advising companies as to obligations imposed by “Geographic Targeting Orders,” an anti-money laundering tool used with increasing frequency by FinCEN.

Representative Financial Institution Compliance Matters

Matt has represented:

• An individual compliance officer subject to civil money penalty assessment for alleged anti-money laundering deficiencies (U.S. Department of the Treasury v. Haider (D. Minn.)).
• A Chicago-area community bank in FinCEN enforcement action and parallel criminal investigation conducted by U.S. Attorney’s Office.
• Numerous financial institutions, including traditional banks, automobile dealers, and precious metals dealers, as to their anti-money laundering obligations.
• Various businesses subjected to Geographic Targeting Orders issued by FinCEN.