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Weekly Roundup: Judge Reportedly Questions HSBC DPA, IRS Publishes Draft FATCA Form, and More
printA federal judge charged with overseeing HSBC's deferred prosecution agreement with the U.S. Justice Department is considering rejecting the agreement, a move that would allow criminal prosecution of the bank, the Guardian reported Thursday. More On Friday HSBC's Chairman Douglas Flint called for further reform in the banking industry while shareholders faulted the institution for anti-money laundering (AML) failings, Reuters reported. More Italian prosecutors have ordered the seizure of $10.5 billion belonging to the Riva family, one of Europe's wealthiest families and the owners of Europe's largest steel plant, Bloomberg said. Italian police have not yet disclosed whether the seizure...
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