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Midweek Roundup: EU Prepares Further Russian Sanctions, Twenty-Five Percent of all Sports Involve Crime, and More
printThe European Union is ready to toughen sanctions against Russia if the situation in Ukraine deteriorates, ITAR-TASS reported Tuesday, citing remarks from Italian Foreign Minister Federica Mogherini, who is slated to become the E.U.'s foreign policy chief November 1. More The United Kingdom's Lord Hill won confirmation as the European Union's commissioner for financial services after facing an unusual second round of questioning from EU Parliament members, the BBC reported Wednesday. More World Anti-Doping Agency chief David Howman told attendees of a London conference that there is criminal engagement in 25 percent of all global sport, including match fixing and...
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The EU blacklisted 32 Iranian shipping companies and Tehran-based Bank Tajerat, Westpac, of Australia, became the latest bank to discontinue remittances to Somalia, and more, in the midweek roundup.
Canada announced sanctions against 37 Russian and Ukrainian individuals and 17 entities, banks in Ireland need to improve AML training and risk assessment procedures, and more, in the midweek roundup.
The EU postponed the designations of 19 people and nine entities deemed responsible for instability in Ukraine, Iran will push for the removal of banking and trade restrictions imposed against it in upcoming nuclear negotiations with the U.S., and more, in the midweek roundup.
EU officials will appeal a high court ruling that removed Hamas from the 28-member bloc's blacklist, Colombia arrested the CEO of CI Goldex SA for allegedly executing the nation's largest-ever money laundering scheme, and more, in the midweek roundup.
Interpol issued an arrest warrant for former Ukraine president Viktor Yanukovych, Philippine investigators suspect that embattled Sen. Jinggoy Estrada laundered millions of dollars of bribes, and more, in the midweek roundup.
The Cayman Islands will not create a register of corporate beneficial owners, rampant corruption in public contracts has led to a widespread failure of Iraq's infrastructure, and more, in the midweek roundup.
Visa and MasterCard have suspended operations in Crimea in response to recently adopted U.S. sanctions, India's Enforcement Directorate charged five individuals with money laundering, and more, in the midweek roundup.
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German exports to Iran in the first eight months of this year rose 33 percent over the same period last year, Spanish singer Isabel Pantoja has been sentenced to two years imprisonment for laundering public funds illegally obtained by her ex-boyfriend, and more, in the midweek roundup.
Over 50 government officials in Spain were arrested on suspicion of operating a massive corruption network, India's Supreme Court granted investigators access to the names of over 600 Indians suspected of hiding untaxed income, and more, in the midweek roundup.
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The Group of 20 nations agreed over the weekend to implement mechanisms to automatically exchange tax information, FinCEN completed its BSA IT Modernization project on schedule and under budget, and more, in the midweek roundup.
French prosecutors have dropped a money laundering investigation against an Iranian dissident group, a new set of AML rules is increasing the pressure on Chinese banks to flag suspicious activity, and more, in the midweek roundup.
Two U.S. banks were targeted by regulators for BSA issues, Wells Fargo Advisors faced a Finra probe for AML problems, and more, in the midweek roundup.
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