Andrew Jacobson is an associate in the Litigation Group. Andrew represents individual and institutional clients in connection with complex regulatory matters. As a member of the Firm’s Economic Sanctions and Cross-Border Regulatory Practice, Andrew regularly advises on matters relating to economic sanctions administered by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), as well as anti-money laundering (AML), anti-corruption, export control, and anti-boycott laws. Andrew also regularly advises on regulatory issues relating to cryptocurrency and blockchain technology as a member of the Firm’s Blockchain and Cryptocurrency Group.
According to The Legal 500, Andrew “leverages his extensive experience as an enforcement attorney to provide critical insights into the application of the law” and “has carved out an excellent sanctions practice in the U.S.”
Prior to joining Seward & Kissel, Andrew served as an enforcement attorney in the Financial Frauds & Consumer Protection Division at the New York State Department of Financial Services (DFS). In that capacity, he managed and led complex investigations into the banking and insurance industries, including investigations into widespread manipulation in the foreign exchange market, high-frequency trading abuses, anti-money laundering violations, predatory lending practices, and illegal insurance practices. During his time at DFS, Andrew also brought some of the most significant enforcement actions for violations of U.S. economic sanctions, resulting in hundreds of millions of dollars in monetary fines and widespread industry reforms.
In addition, Andrew served as special counsel to the Moreland Commission, which was a special commission established by Governor Andrew M. Cuomo to investigate New York’s utility companies following Hurricane Sandy. In that position, Andrew led investigations into some of New York’s largest utility companies, resulting in industry and legislative reforms.
Andrew currently serves as Chair of the Export Controls, Sanctions, and Anti-Corruption Subcommittee of the International Bar Association. He also serves on the BSA/AML and Enforcement Committees of the Virtual Commodity Association (VCA) and is a member of the Digital Chamber of Commerce’s AML Task Force. Andrew was selected to participate in (and won) DFS’s first-ever TechSprint on the virtual currency industry.
In addition, Andrew co-authored a chapter in Global Investigation Review’s inaugural and groundbreaking practitioners’ guide for economic sanctions titled “Navigating Conflicting Sanctions Regimes.” Andrew has lectured on economic sanctions laws for Practising Law Institute (PLI), Regulatory Compliance Association (RCA), IHS Markit, International Institute of Banking Law and Practice, and the International Bar Association, and is regularly quoted on legal matters in publications that include the Wall Street Journal, Reuters, Politico Pro, Law360, CoinDesk, The Block, and Cointelegraph, among many others. Andrew is also a contributor to Seward & Kissel’s Cryptocurrency and Blockchain blog, SKrypto, as well as Seward & Kissel’s Maritime Blog.
He received a B.A., cum laude, from Union College, and a J.D. from Cornell Law School.