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U.K.’s Cameron Proposes Tougher Tack on Property Market Corruption The United Kingdom will consolidate data on land ownership by foreign firms and consider additional steps to crack down on the use of shell companies to purchase property with illicit funds.
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July 28, 2015
FinCEN Proposal for Investment Advisers Clears OMB Hurdle The White House’s budgetary office has approved a U.S. Treasury Department plan to require investment advisers to adopt anti-money laundering controls, including suspicious activity reporting.
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July 24, 2015
Weekly Roundup: U.S. Justice Department Subpoenas Banamex, New York Moves to Check Suspicious Property Deals, and More Visa is calling for an independent and impartial group to oversee reforms at FIFA, Spanish officials accused prominent Madrid priest Jose Luis Montes of laundering millions of euros, and more, in this week's roundup.
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July 24, 2015
U.S. Reaches Non-Prosecution Deal with Troubled Western Pacific Casino A Northern Mariana Islands casino will forfeit approximately $3 million to the U.S. Justice Department under the terms of a deal reached Thursday that will spare the gambling operation criminal charges.
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July 23, 2015
Cameron
British Prime Minister David Cameron said Tuesday that his government will consider reforms to improve transparency in the U.K.’s property market, which has been exploited by foreign political figures and organized crime groups. More
Think Tank Associate Testifies on Iranian, North Korean Strategic Relationship Larry Niksch, Senior Associate at the Center for Strategic and International Studies testified before the U.S. House Committee on Foreign Affairs concerning the possibility that Iran's increased wealth following sanctions relief will lead to increased investment in North Korea's nuclear program.
Original | Brief
July 28, 2015
American Foreign Policy Council Vice President Testifies Against JCPOA Speaking before the U.S. House Committee on Foreign Affairs, Vice President of American Foreign Policy Council Ilan Berman outlined a long history of cooperation between Iran and North Korea, suggesting that sanctions relief will help Tehran purchase covertly-acquired nuclear material from Pyongyang.
Original | Brief
July 28, 2015
Foundation for Defense of Democracies Representative Testifies on Iran-North Korea Strategic Alliance Claudia Rosett, Journalist-in-Residence at the Foundation for Defense of Democracies testified before a joint House Foreign Relations subcommittee concerning the connection between Iran and North Korea in light of the Joint Comprehensive Plan of Action, including snapback sanctions.
Original | Brief
July 28, 2015
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May 15, 2015



I’ve always found it offensive when tabloids use terms like “rat” or “squealer” to describe the actions of those who report or testify about criminal behavior. It's no less offensive when one of the terms is used in defense of attorney-client privilege.

 

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SEC: Mead Johnson Nutrition Company to Pay $3 Million Penalty for FCPA Violations The U.S. Securities and Exchange Commission imposed a cease-and-desist order against the Glenview, IL-based company for violations of the Foreign Corrupt Practices Act by employees of the company's majority-owned subsidiary in China for improper payments to health care professionals in China.
Original | Brief
July 28, 2015
OFAC Fines Great Plains Stainless Co. $214,000 for WMD Proliferators Violations The U.S. Treasury Department's Office of Foreign Assets Control issued a $214,000 penalty against the Tulsa, OK-based company for selling goods using a Chinese vendor that shipped the goods to the company's customers in Dubai aboard a vessel blocked under the WMD proliferators sanctions.
Original | Brief
July 24, 2015
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