Midweek Roundup: France to Question Bank Chairmen on Panama Leaks, U.K. Weighs Unexplained Wealth Orders, and More

French Finance Minister Michel Sapin has summoned the chairmen of the country's major banks to address allegations included in the Panama Papers that the institutions formed offshore companies for clients possibly linked to tax evasion, fraud and money laundering, Reuters said. More U.S. Treasury and State Department officials have held discussions with senior executives from banks in more than 15 countries to reassure them that conducting business with Iranian financial institutions following last year's nuclear accord won't trigger U.S. secondary sanctions, an unnamed source told Al-Monitor. U.S. officials most recently met with UBS and Credit Suisse representatives in Zurich to...