Editor's Note: The ACAMS moneylaundering.com legal team reviews the U.S. Supreme Court's ruling in West Virginia v. Environmental Protection Agency, which carries potentially significant consequences for federal regulation. On first glance, the Supreme Court's June 30 decision limiting the Environmental Protection Agency's authority to regulate carbon dioxide emissions under the Clean Air Act leaves the agency with little room for an alternative approach to supervision. In finding that the EPA had overstepped years earlier by ordering power plants to transition from coal to lower-emission fuels, majority justices took the unprecedented step of citing the "major questions doctrine," or MQD, to...
Russia has drawn widespread international censure and harsh economic sanctions from the U.S., EU, and other jurisdictions since Feb. 24, when the Kremlin-ordered invasion of Ukraine commenced.
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