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Russian authorities have shut down dozens of lenders and launched nearly 40 investigations in response to a bevy of multibillion dollar "laundromat" schemes of recent years but have mostly failed to act against complicit bankers, according to a confidential report. Slated for publication this month, the 323-page report by the Financial Action Task Force, which summarizes findings from the group's two-week review of Russia's controls against illicit finance conducted in March, praises the country's financial intelligence unit, Rosfinmonitoring, and lauds the nation's efforts to prosecute and seize assets from money launderers. But the intergovernmental group also found that while Russian...