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Whistleblower Protections under the Anti-Money Laundering Act of 2020 | Michael Volkov


[co-author: Alex Cotoia]
Alex Cotoia, Regulatory Manager and Compliance Consultant at the Volkov Law Group, re-joins us for a posting on whistleblower protections. 
When Congress overrode former President Donald J. Trump’s veto of the 2021 National Defense Authorization Act (“NDAA”) in January of this year, it simultaneously enacted the Anti-Money Laundering Act of 2020 (“AMLA”) into law. AMLA significantly expands upon the regulatory framework of the Bank Secrecy Act (“BSA”) and represents by many accounts the single most aggressive legislative effort to curb money laundering and terrorist financing since the adoption of the USA PATRIOT Act in the aftermath of 9/11. Although much of the editorial focus has been on the expansion of the BSA’s reach under AMLA (into emerging markets like the cryptocurrency trade, for instance), it is equally important to take note of AMLA’s emphasis on enhancing protections for would-be whistleblowers. ....

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EnTrust Global and SVPGlobal and DVB: DVB Bank's Aviation Investment and Asset Management Business to Be Acquired by SVPGlobal and EnTrust Global


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The Blue Sky Aviation strategy managed by EnTrust Global ( EnTrust ), a leading alternative asset management firm, and funds managed by Strategic Value Partners, LLC and its affiliates ( SVPGlobal ), a global investment firm, have today announced that they have entered into a definitive agreement to acquire the Aviation Investment and Asset Management business (the Business ) from DVB Bank Group. The transaction is expected to close during the first half of 2021.
The Business, one of the top 10 aviation service companies globally, will be acquired through a newly incorporated UK company, Deucalion Aviation Limited ( Deucalion or the Company ). Today, the Business is a global aviation management platform that provides comprehensive turnkey solutions for financial investors looking to deploy capital in aircraft assets, through origination, structuring, execution, fund management and a full-fledged range of servicing activities, including aircraft remarketing, technic ....

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