St. LuciaThe Justice Department highlighted an unsealed indictment that accuses 12 individuals of running a transmigrante operation involved in numerous crimes.
Federal prosecutors in New Jersey brought charges against Charles Singleton, accusing him of money laundering.
FinCEN Wants Second Beneficial Ownership Rule Before New Year
U.S. Treasury Assistant Secretary Elizabeth Rosenberg and other senior officials discussed federal plans to address de-risking and promulgate beneficial ownership rules at an industry conference in Washington, D.C., that began Monday, Dec. 5, 2022. (Alamy)
Senior Biden Administration Official Endorses Enablers Act
U.S. National Security Advisor Jake Sullivan urged Congress to pass legislation that would impose due diligence requirements on lawyers, accountants and other professionals in remarks delivered Tuesday at the International Anti-Corruption Conference in Washington, D.C.
European Regulator Targets De-Risking of Refugees, Nonprofit Groups
The Office of the Attorney General of Switzerland issued a CHF 4 million penalty against the Swiss company for failing to take necessary and reasonable organizational actions in order to prevent bribery payments to foreign officials in South Africa.
The U.S. Securities and Exchange Commission ordered the Zurich, Switzerland-based electrification and automation technology company to pay a $75 million civil monetary penalty, $58 million in disgorgement, and prejudgement interest of $14,554,267 for violating the Foreign Corrupt Practices Act.
| Technical | Effectiveness |
|---|---|
| Compliant : 1 | High : 0 |
| Largely Compliant : 9 | Substantial : 0 |
| Partially Compliant : 24 | Moderate : 3 |
| Non-Compliant : 6 | Low : 8 |
| Rank : 113/141 |
| Score : 4.25/10 |
| Rank : 48/180 |
| Score : 55/100 |
| Rank : 132/133 |
| Score : 71/100 |