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Weekly Roundup: FinCEN Outlines SAR-Restriction Policy, US Sanctions Against Iran May Target Swift Messages, and More

After the New Yorker cited claims that two suspicious activity reports filed on U.S. President Donald Trump’s personal attorney Michael Cohen disappeared from a database kept by the Financial Crimes Enforcement Network, a bureau spokesperson noted that FinCEN has procedural authority to limit access to certain SARs pursuant to requests by law enforcement. More A California-based translator for Korea Aerospace Industries said federal investigators questioned him in connection to the firm’s $150,000 payment to Cohen’s Delaware-incorporated shell company, Essential Consultants, the Washington Post reported. More U.S. efforts to cut Iran’s banking ties will probably include pressuring the Society for Worldwide...

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