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Midweek Roundup: Panama Papers Fallout Begins, Trump Introduces Plan to Block Remittances to Mexico, and More
printMiami-Dade Commissioner Sally Heyman wants the U.S. Treasury Department to expand the geographic targeting orders covering luxury property purchases in Miami and Manhattan to include other high-end real estate markets "up and down the coast," the Miami Herald reported. Heyman said that the orders are driving people to buy in places that "don't ask questions." More The chairman of Ukraine's State Fiscal Service said the agency will investigate President Petro Poroshenko's purported failure to declare his ownership of three offshore companies with ties to Mossack Fonseca, the Panamanian law firm at the center of a massive leak of tax and...
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U.S. prosecutors accuse Afghan man of laundering proceeds of a U.S. government loan, U.K. authorities charge Barclays Bank executives with fraud linked to Qatari funds, and more, in the midweek roundup.
Gambia accuses fugitive ex-president of stealing $50 million and freezes his assets, Andorran bank loses court appeal against designation by U.S. Treasury Department, and more, in the midweek roundup.
Iraqi official claims that the Islamic State is nearing bankruptcy, Giuliani to defend gold trader accused of helping Iran evade U.S. sanctions, and more, in the midweek roundup.
The Trump Organization allegedly partnered with corrupt local official to develop hotel in Azerbaijan that never opened, Russia plans to close more banks involved in illicit finance, and more, in the midweek roundup.
Russia denies quid pro quo with U.S. President-elect Donald Trump, JPMorgan Chase plans to trim compliance expenditures, and more, in the midweek roundup.
New Zealand publish plans to extend AML/CTF obligations to lawyers and accountants, European leaders support extension of sanctions against Russia, and more, in the midweek roundup.
U.S. officials may ease trade and banking restrictions against Iran, Philippine bankers are under U.S. investigation for allegedly laundering as much as $81 million siphoned from Bangladesh Bank, and more, in the midweek roundup.
The European Union imposed further sanctions on Syria, a revised peace agreement between Colombian officials and FARC separatists requires the rebels to disclose their assets, and more, in the midweek roundup.
Several small banks in the U.K. are planning to relocate their operations to the EU by Christmas, London's lead over New York as the world's top financial center has narrowed significantly ahead of the U.K.'s planned departure from the EU, and more, in the midweek roundup.
Credit Suisse is set to forfeit around $110 million to Italian authorities to settle tax evasion-related charges, the EU is considering sanctions on military and government officials in the Democratic Republic of the Congo, and more, in the midweek roundup.
Mexico's Supreme Court overturned two state anti-corruption laws, former French minister Jerome Cahuzac appeared in court to face allegations of tax fraud and money laundering, and more, in the midweek roundup.
Switzerland will soon give U.S. tax officials data on HSBC's private banking operations in the country, British parliamentarians called for the FCA to be stripped of its authority to punish banks, and more, in the midweek roundup.
FinCEN imposed a $2.8 million monetary penalty against a Californian-based card club, House lawmakers approved legislation that would block a planned deal between Boeing and Iran Air, and more, in this week's roundup.
French officials order UBS AG to turn over records linked to suspected tax evasion, U.S. lawmakers extend sanctions against Venezuela, and more, in this midweek news roundup.
The Philippines launched a unit to develop new cybersecurity policies, U.S. lawmakers are considering several bills that would extend the Iran Sanctions Act so that "snapback" sanctions could be imposed, and more, in the midweek roundup.
Singapore's central bank revoked BSI Bank's license to operate in the city-state, about $11 billion in illegal proceeds derived from an estimated 23,000 crimes were transferred out of Russia last year, and more, in the midweek roundup.
JPMorgan Chase took steps to limit the number of employees with access to the bank's portal with Swift, North Korea has imposed new customer identification and suspicious activity reporting rules, and more, in the midweek roundup.
British regulators criticized Deutsche Bank AG for insufficiently verifying the identities of its clients, Sri Lanka will establish a panel to investigate possible misconduct by citizens whose names appear in the Panama Papers, and more, in the midweek roundup.
Qatar National Bank is investigating an alleged leak of some 1.4 gigabytes of data, former Citigroup broker James Van Doren has been barred from the securities industry, and more, in the midweek roundup.