GermanyThe Council of Europe’s Group of States against Corruption issued a second interim compliance report that reviews Germany’s progress in implementing anti-corruption recommendations with respect to members of parliament, judges, and prosecutors.
Burkhard Balz, a Member of the Executive Board of the Deutsche Bundesbank, delivered remarks at a virtual summit on designing a digital euro.
Mexico authorizes U.S. seizure of drug kingpin’s assets, German FIU faces new STR backlog, and more, in the weekly roundup.
U.S. investigators seize stolen bitcoins, “Hushpuppi” sentenced, and more, in the midweek roundup.
Germany Plans New Powers to Investigate, Seize Unexplained Wealth
The Federal Financial Supervisory Authority of Germany ordered the Hessen, Germany-based bank to implement adequate internal anti-money laundering and counterterrorist financing controls.
Germany’s Federal Financial Supervisory Authority issued an order requiring the Berlin, Germany-based bank to take measures to remedy risk management shortcomings with regard to information technology and outsourcing management.
| Technical | Effectiveness |
|---|---|
| Compliant : 17 | High : 0 |
| Largely Compliant : 18 | Substantial : 4 |
| Partially Compliant : 5 | Moderate : 7 |
| Non-Compliant : 0 | Low : 0 |
| Rank : 107/141 |
| Score : 4.42/10 |
| Rank : 9/179 |
| Score : 80/100 |
| Rank : 14/133 |
| Score : 52/100 |