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Weekly Roundup: Swift Considers Limits to Portal Access, U.K. Chancellor to Testify on Panama Papers, and More
printFIFA attorneys said evidence obtained during an internal inquiry shows that the organization's former president Sepp Blatter, former secretary general Jerome Valcke and former finance director Markus Kattner improperly awarded themselves roughly $80 million in salary raises and bonuses over their last five years in office, according to the Associated Press. The evidence will be turned over to Swiss and U.S. prosecutors, attorneys said. More The chief executive of the Society for Worldwide Interbank Financial Telecommunication, or Swift, said the Brussels-based consortium is considering plans to block institutions with weak cybersecurity programs from using its messaging platform after hackers successfully...
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U.S. banks predict tough AML regime to continue under President Donald Trump, suspicious funds flow out of Russia through legal loophole, and more, in this week's roundup.
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Bangladesh police suspect that IT employees secretly participated in the Bangladesh Bank $81 million cyberheist, Panama barred Brazilian construction conglomerate Odebrecht from doing business in the nation, and more, in this week's roundup.
OFAC designated the Pacnet Group as a transnational criminal organization, Canadian lenders Scotiabank, RBC and CIBC together formed nearly 2,000 offshore firms in the Bahamas according to leaked documents, and more, in this week's roundup.
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Weekly Roundup: U.N. Chief Condemns Iran Missile Tests, House Approves FinCEN Budget Boost, and More
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