Midweek Roundup: Court Says FinCEN Can Pursue Fine Against Former MoneyGram Chief, U.S. Investigates Standard Chartered’s Law Firms, and More

A federal district court said the U.S. Treasury Department could move forward with a lawsuit seeking $1 million from former MoneyGram compliance officer Thomas Haider for his alleged failure to stop a telecommunications fraud scheme, The Wall Street Journal reported. The judge found that the Bank Secrecy Act allows the department to levy fines against partners, directors, officers and employees of financial institutions that violate anti-money laundering rules. More Countries around the globe could suspend their economic sanctions against Iran by Monday under terms of the nuclear accord signed over the summer, Bloomberg said. Nuclear inspectors are expected to report...