Daniel Buzzetta Article Examines Issue of Jurisdiction and Correspondent Bank Accounts

Articles / February 28, 2017

Partner Daniel Buzzetta authored an article published in the February 2017 issue of Worldwide Financier. The article, “When Does Maintaining a Correspondent Bank Account in New York Correspond to Jurisdiction?”, analyzes a recent New York Court of Appeals decision that found a Swiss bank subject to jurisdiction in New York after officers of the foreign bank knowingly accepted fraudulent payments funneled through New York correspondent bank accounts.

Read the article.