Midweek Roundup: China May Miss Iran Sanctions Target, Former AML Informant Sues U.S. for Jail Time, and More

China must significantly scale back its purchase of Iranian oil in the last quarter of 2013 if it is to meet an unofficial target agreed to in order to win a waiver to U.S. sanctions, Reuters reported. Under American sanctions measures, China and other importers of Iranian oil must continue to reduce the purchases or face banking restrictions. More The EU Parliament said in a non-binding resolution that it should suspend its Terrorist Finance Tracking Program with the United States following disclosures that the U.S. National Security Agency accessed European bank data from Belgium-based banking consortium Swift. The resolution passed...