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The U.S. Treasury Department's Financial Crimes Enforcement Network and federal banking agencies outlined their anti-money laundering enforcement standards in parallel guidance, ACAMS moneylaundering.com reported. More Goldman Sachs executives and Malaysian authorities finalized a $3.9 billion settlement of charges that the U.S. investment bank facilitated the embezzlement and laundering of billions of dollars from state fund 1MDB, Al Jazeera reported. More Prosecutors accused a Taiwanese national in New York of fraudulently obtaining at least $3 million in government-subsidized loans amid the novel coronavirus pandemic, diverting approximately $1 million to overseas bank accounts and spending around $300,000 on lavish personal purchases. More...