James Parkinson concentrates on enforcement defense, internal investigations and compliance counseling, primarily in an international context where the client is operating or living outside the U.S. As head of the firm’s London office since its opening in 2014, Mr. Parkinson coordinates Buckley LLP’s relationships with international law firms, frequently working with non-U.S. firms on multi-jurisdictional matters and advising on compliance with the U.S. Foreign Corrupt Practices Act (FCPA), the U.S. sanctions regimes administered by the Office of Foreign Assets Control (OFAC), and anti-money laundering (AML) regulations pursuant to the Bank Secrecy Act (BSA), among other matters.
His most recent work includes:
- Representations of senior executives, including:
- Global head (former) of foreign exchange trading for U.S. based international bank
- Global head of algorithmic trading for Europe-based international bank
- Numerous other individuals in foreign exchange-related investigations
- Senior-level investment bankers in a multi-jurisdictional investigation related to an African country’s debt
- CEO (former) of a mining concern in an investor-state arbitration matter
- A CEO in U.S. civil litigation related to a bank fraud in a CIS jurisdiction
- Corporate internal investigations related to potential FCPA matters in China, India and Latin America
- Compliance counseling on FCPA, sanctions and AML matters for U.S. and non-U.S. entities in a variety of sectors, including banking (both U.S. and non-U.S. banks), fintech, heavy manufacturing, retail, and food service.
Over his career, Mr. Parkinson has represented clients in criminal and civil enforcement actions — both litigated and settled — involving FCPA, extradition, securities fraud, insider trading, false statements, and environmental issues. He has also conducted internal investigations involving the conduct of companies operating in India, China, Kazakhstan, Russia, Italy, Egypt, Korea, and numerous other non-U.S. jurisdictions.
A frequent writer and speaker on financial crimes and international anti-corruption topics, Mr. Parkinson has made dozens of presentations internationally and throughout the U.S. (including in Kiev, Tokyo, Seoul, Oxford, Paris, and many other locations), and has served as a visiting lecturer at law schools in Mexico, Chile, and the United States. He is a member of the U.K. chapter of Transparency International, the Fraud Lawyer’s Association, the Anti-Corruption Committees of the American Bar Association and the International Bar Association, and is an associate-at-large with the Edward Bennett Williams American Inn of Court.
Prior to joining Buckley, Mr. Parkinson was a partner in the Washington, D.C., office of Mayer Brown LLP, and was an associate with Beveridge & Diamond PC. He received his J.D. from The American University, an M.S. from the University of Pennsylvania, and a B.A. from Gettysburg College.
U.S. banks and other institutions are under intense scrutiny from law enforcement agencies as well as federal and state prudential regulators for their Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance programs. Recent enforcement orders from the Office of the Comptroller of the Currency...Webcast
As we move into 2017, now is a good time reflect on the important developments in Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and sanctions compliance in 2016, and how they will impact the year ahead. Our first webcast of the year will focus on those developments, including the Financial...Webcast
Along with AML, cybersecurity is often viewed as one of the most pressing concerns for financial institutions, with attendant risks of financial loss, reputational damage, and regulatory compliance concerns. As recognized by the OCC and others, the goals and methods of AML and cybersecurity are...Webcast
The past year has seen several important changes in the sanctions landscape. Keeping up with these developments is a financial crimes compliance imperative. We discussed recent developments in the financial crimes arena including: Easing of Cuba and Iran sanctions Escalation of North Korea...Webcast
On May 11, 2016, after a four-year rulemaking process, FinCEN published a final rule codifying new and existing customer due diligence (CDD) requirements for covered financial institutions. The rule, which is framed as an enhancement to existing CDD responsibilities, requires financial institutions...Webcast
Regulators have turned their attention to the adequacy of financial institution transaction monitoring systems. Recent examinations have focused on the adequacy of the transaction monitoring system itself, the rules that inform the system, and the downstream impact of transaction monitoring system...Webcast
BSA/AML issues have grown more important for banks of all sizes as state and federal regulators have increased their enforcement activity surrounding compliance failures. Regulators have increasingly focused their attention on the role of boards of directors in overseeing the BSA/AML compliance...Webcast
As federal and state bank regulators continue their comprehensive BSA examinations of regional and super regional banks, a growing number of institutions have found themselves confronted with Orders requiring remediation and/or enhancement of their firm-wide compliance programs. Typically, these...Webcast
A comprehensive, enterprise risk assessment not only is a regulatory expectation but is the foundation upon which the BSA/AML program is built. As set out in Appendix I of the FFIEC Manual, the risk assessment allows for the development of appropriate internal controls which, in turn, provides the...Webcast
James Parkinson spoke at the AMLP Forum Anti Bribery and Corruption Conference on Wednesday, October 28, 2015 in London. His panel was titled "Spotlight on Hiring Practices."Speaking Engagement
Buckley Sandler Webcast: The Role of Corruption Risk in a Financial Crimes Compliance Program - What Are Banking Doing to Detect Corruption in the Wake of the FIFA Scandal?
Buckley Sandler hosted a webcast, The Role of Corruption Risk in a Financial Crimes Compliance Program: What are Banks Doing to Detect Corruption in the Wake of the FIFA Scandal?, on September 24, 2015 as part of their ongoing FinCrimes Webcasat Series. Panelists included Thomas Coupe, EMEA Global...Webcast
Buckley Sandler hosted a webcast, Best Practices in Customer Due Diligence and Know-Your-Customer, on May 21, 2015 as part of their ongoing FinCrimes Webcast Series. Panelists included Eric Arciniega, Senior Manager, BSA/AML Due Diligence Operations at First Republic Bank; Janice Mandac, Global...Webcast
Buckley Sandler hosted a webcast, Conducting an Effective Financial Crimes-Related Internal Investigation, on April 23, 2015 as part of their ongoing FinCrimes Webcast Series. Panelists included John Mackessy, Anti-Money Laundering & Trade Sanctions Officer at MasterCard and Saverio Mirarchi,...Webcast
The past several months have seen seismic changes to the sanctions landscape at a pace no previously seen. Keeping up with these developments is a financial crimes compliance imperative. Developments include: Russian sanctions Relaxation of Cuban sanctions ISIS/Syria ecosystems sanctions Please...Webcast
In a series of speeches last year, Comptroller Thomas J. Curry, Deputy Attorney General James Cole, and FinCEN Director Jennifer Shasky advised that regulators and law enforcement agencies were actively studying the issue of individual liability for AML program violations. Each “warned” that it was...Webcast
Buckley Sandler hosted a webcast, Dealing with PEPs: AML & Corruption Risks , on December 18, 2014 as part of its ongoing FinCrimes Webcast Series. Panelists included Mary Butler, Deputy Chief, International Unit, at the Asset Forfeiture & Money Laundering Section, Criminal Division at the...Webcast
As financial institutions begin to migrate compliance processes from risk specific silos such as money laundering, sanctions, corruption, and fraud into a more comprehensive financial crimes structure, addressing the impact this will have on transaction monitoring programs is an institutional...Webcast
James Parkinson and David Krakoff spoke at C&I's Bribery, Sanctions & Financial Crime Update on October 22, 2014. They spoke on a day-long panel examining recent developments in anti-corruption enforcement, anti-money laundering and sanctions in the UK, US, Asia and Continental Europe; they...Speaking Engagement
James Parkinson spoke at the Anti-Money Laundering Professional’s Annual Anti-Bribery and Corruption Forum October 21-22, 2014 in London. Click here to learn more about this conference...Speaking Engagement
Buckley Sandler hosted a webcast entitled “FinCEN’s Proposed Rule Amending Customer Due Diligence Obligations,” on September 18, 2014, as part of the ongoing FinCrimes Webcast Series. Panelists included James Cummans, Vice President of BSA/AML Operations at TCF Bank; Jacqueline Seeman, Managing...Webcast
Buckley Sandler hosted a webcast, "Conducting a Financial Crimes Risk Assessment", on July 24, 2014, as part of our ongoing FinCrimes Webcast Series. Panelists included Sterling Daines, Managing Director at Goldman Sachs, and Miriam Ratkovicova, Senior Manager at Deloitte Transactions and Business...Webcast
Buckley Sandler Webcast: Design and Maintenance of a Financial Crimes Compliance Program - Regulatory Expectations
The financial services industry is faced with an increasingly complex overlay of regulations including money laundering and economic and trade sanctions, consumer finance protection, privacy, fraud and corruption to name just a few. The ways by which organizations structure themselves as well as...Webcast
The financial services industry is at the crossroad of change in the payments arena. Whether it is virtual currencies, pre-paid access, or electronic payments that is the topic under discussion, it is clear that change and the need to understand, manage, and mitigate the risks that change will...Webcast
The financial services industry stands at the center of the most complex and rapidly evolving regulatory environment ever experienced. At the same time, new technologies and the evolution of criminal activity bring multiple threats that must be managed coherently. The ways that organizations...Webcast
Canadian Institute's 3rd Annual Anti-Corruption Compliance Conference: Anti-Corruption Due Diligence for Mergers & Acquisitions: Doing It Right
James Parkinson spoke at the Canadian Institute’s 3rd Annual Anti-Corruption Compliance on February 6, 2014 in Toronto. His session was titled “Anti-Corruption Due Diligence for Mergers & Acquisitions: Doing it Right.”Speaking Engagement
James Parkinson was profiled in The Brief , in which he discussed his career, the firm’s focus, and working in London, on May 31, 2017. Jamie, firstly can you give us a brief overview of your own career? I started practice in Washington, D.C. in 1999 and trained with a cadre of very fine criminal...In The News
Buckley Sandler successfully defended AS Citadele Banka (Citadele), a Latvian bank, and its CEO, Guntis Beļavskis, in a matter involving allegations of RICO violations and fraud. The plaintiffs – international real estate developers – alleged in federal district court in the Central District of...Press Releases
Andrew L. Sandler Quoted in The Lawyer Article, "US Litigation Boutique Buckley Sandler Launches in London"
Andrew L. Sandler was quoted in Matt Byrne's September 9, 2014 article "US Litigation Boutique Buckley Sandler Launches in London" in The Lawyer. The firm’s chairman, former Skadden partner Andy Sandler told The Lawyer that Buckley Sandler would focus exclusively on US law and would use its new...In The News
WASHINGTON, DC / LONDON, ENGLAND (September 8, 2014) – Buckley Sandler LLP , a leading financial services and criminal & civil enforcement defense law firm, announced today the opening of its first international office, located in London. James T. Parkinson has relocated from the firm’s...Press Releases
OCC Comptroller Thomas J. Curry announced Wednesday during a speech at the Association of Certified Anti-Money Laundering Specialists (ACAMS) conference that the OCC is developing guidance around “de-risking” in foreign correspondent banking relationships. Following the joint fact sheet published...Articles
Part One of a Two-Part Article The United States is often criticized for trying to be the world’s policeman — for trying to prosecute wrongdoing all over the world, even when the connection to U.S. interests is, at best, tenuous. The Supreme Court has in recent years begun imposing limits on the...Articles
On September 22, 2014, following a two-month trial, a federal jury in the Eastern District of New York ruled in favor of a group of 297 individual plaintiffs in a civil suit accusing Arab Bank PLC, headquartered in Amman, Jordan, of supporting terrorism. Linde vs. Arab Bank PLC , No. 1:04-CV-2799 (...Articles
- J.D., American University, 1999 (magna cum laude)
- M.S., University of Pennsylvania, 1994
- B.A., Gettysburg College, 1990
- District of Columbia