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Midweek Roundup: U.K. Court Orders Barclays to Process Somali Remittances, Switzerland Investigates Gold Refiner, and More
printA British court ordered Barclays Plc to continue providing accounts to money services businesses that facilitate remittances to Somalia, at least for now, Bloomberg reported. Dahabshiil Holdings Ltd. won an injunction on the bank's plans to drop the accounts due to concerns that the business could lead to anti-money laundering violations. More A federal judge has agreed to sign off on a plan to settle a civil money laundering case against SAC Capital Advisors LP, Bloomberg said. The case involves the seizure of funds held in accounts for the company, which earlier this week admitted to collecting hundreds of millions...
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