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Midweek Roundup: Europol Says Criminals Still Prefer Cash, U.K. Report Shows Real Estate Corruption, and More
printU.S. officials Tuesday extended temporary sanctions relief for Iran through July 10 in efforts to secure a long-term nuclear agreement with the Islamic Republic. More and More Criminals still prefer holding and moving their illicit proceeds in high denominations of cash despite the preponderance of new technologies to transfer funds electronically, Europol said Thursday. More The United States should prioritize addressing corporate transparency issues identified in 2006 by the Paris-based Financial Action Task Force (FATF), the International Monetary Fund said in a technical note Tuesday. FATF is set to reexamine U.S. compliance with its anti-money laundering (AML) standards early next...
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