Bradley is pleased to announce that partner and former Assistant U.S. Attorney (AUSA) Jack Harrington has been named chair of the firm’s newly launched Financial Crime & Economic Sanctions team. The interdisciplinary group will work to assist financial institutions of all sizes as they navigate unprecedented challenges from both illicit actors attempting to exploit the global financial system and government regulators who demand those institutions maintain effective financial crime and sanctions compliance programs.
“Bradley’s financial services attorneys understand the complex issues and ever-evolving regulatory and compliance requirements governing financial institutions. The formation of this team is particularly timely as the Department of Justice is demonstrating a renewed focus on criminal prosecutions of institutions and executives. The ceiling for civil and criminal penalties continues to rise, as demonstrated by TD Bank’s historic $3.1 billion money laundering settlement announced earlier this year,” said Mr. Harrington. “We are equipped to provide strategic counsel and enforcement services to large, global financial institutions, as well as to community banks, credit unions, and non-traditional lenders related to Bank Secrecy Act and anti-money laundering (BSA/AML), counter the financing of terrorism (CFT), bribery, and economic sanctions. Our team can create custom solutions for these institutions, working to tailor their compliance programs to fit their unique risk profile.”
Mr. Harrington assists clients facing complex criminal, regulatory, enforcement, and reputational matters with a focus on financial services, defense, and technology sectors. In his role as AUSA in the Criminal Division of the United States Attorney’s Office in Birmingham, he investigated and prosecuted complex fraud, money laundering, trade sanctions, cybercrime, and national security matters in partnership with the FBI and other law enforcement agencies. He coordinated and managed Financial Crimes Enforcement Network (FinCEN) and AML/BSA matters, liaising with the financial services community to identify criminal activity worthy of federal prosecution. Before joining the Department of Justice (DOJ), Mr. Harrington practiced at an international law firm representing global financial institutions in internal investigations and government enforcement matters, including AML, BSA, and CFIUS compliance.
Bradley Chairman of the Board and Managing Partner Jonathan M. Skeeters added, “As our firm continues to serve banks, broker dealers, mortgage lenders, and consumer lenders, the Financial Crime & Economic Sanctions team will be instrumental in helping these clients mitigate risk and, if necessary, defend them from government investigations or enforcement actions. Jack’s government service background in prosecuting financial crimes, paired with his work defending large institutions against various sanctions, gives him a unique perspective that allows him to understand all sides of these issues facing financial institutions, making him the ideal leader of this team.”
Bradley’s Financial Crime & Economic Sanctions team has extensive knowledge and experience working with financial institutions across the regulatory spectrum, with partners having worked at the DOJ, in regulatory agencies such as the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and as in-house counsel at major financial institutions and exchanges. The team advises clients on law and regulations governing economic sanctions and financial crime compliance, including the BSA as amended by the USA PATRIOT Act, the Anti-Money Laundering Act of 2020, FinCEN regulations, Office of Foreign Asset Control (OFAC) sanctions, and federal and state criminal money-laundering statutes. When necessary, Bradley’s attorneys conduct internal investigations into BSA/AML violation allegations, employee misconduct regarding financial crime compliance, and relationships or transactions that may pose risks. The team also represents clients in both criminal and civil enforcement actions conducted by federal and state authorities, working tirelessly to defend clients in investigations and prosecutions to mitigate potential damages and to negotiate the most favorable outcomes.
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