U.S. officials are weighing the imposition of new travel and financial restrictions on individuals and companies in Venezuela in light of the country's deteriorating institutional and economic crisis.
The United States Monday blacklisted seven former and current Venezuelan military and law enforcement officials for their alleged roles in violent crackdowns on protestors.
Lawmakers want tougher sanctions against Venezuela, while Republican senators asked that two Russian group to be named as terrorist organizations, and more in this week's roundup.
The brother of two drug cartel leaders was convicted of money laundering conspiracy, Sudan needs to revamp its overall AML and counterterrorist financing regime, and more, in this week's roundup.
With its next presidential election less than a week away, Venezuela has more than an unplanned transition in leadership to sort out. It has, once again, a growing problem with capital flight.
Congressional leaders called for the U.S. State Department to deem Venezuela a State Sponsor of Terrorism Friday for allegedly supporting Iran's nuclear weapons efforts and a blacklisted South American separatist group.
Venezuela's takeover of at least 30 bond brokerages on money laundering charges will do little to stem the tide of illicit proceeds flowing into the country, say analysts.
A Venezuelan securities exchange market has raised concerns among U.S. Treasury Department representatives, who say that the process lacks transparency and may be ripe for abuse, according to Luis Rivases, president of the Venezuelan Capital Markets Compliance Officers Association.
Iran is considering purchasing at least one of three Venezuelan banks to circumvent international sanctions requiring many of the world's banks to freeze the funds of five Iranian financial institutions, according to anti-money laundering consultants and Iranian news reports cited by the BBC.
Two Venezuelan businessmen accused by U.S. prosecutors of acting as clandestine agents for Hugo Chavez's government have dropped a lawsuit against American Express Bank International related to $25 million the men had placed with the bank.