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Russia's efforts against money laundering and other financial crimes have garnered high praise in a draft report authored by the Financial Action Task Force that will likely bring criticism to the intergovernmental group, ACAMS moneylaundering.com reported. More Australian regulators accused Sydney-based lender Westpac of failing to report billions of dollars in suspicious transactions and monitor several accounts allegedly controlled by known facilitators of child exploitation, The Wall Street Journal and Financial Times reported. More and More The European Central Bank pulled Anglo-Austrian Bank's license amid suspicions that the lender, formerly known as Bank Meinl, enabled widespread money laundering, the Financial...