Midweek Roundup: Germany Ordered Independent Review of FIU’s Shortcomings, Pandora Papers Fallout Commences, and More

German officials told lawmakers that they tasked global consultancy Oliver Wyman six months ago to review alleged lapses by their country's financial intelligence unit. More The Pandora Papers show that 206 trusts based in South Dakota, Delaware and other U.S. states hold more than $1 billion in assets for individuals and entities from 41 foreign countries, and that nearly 30 of those trusts had ties to suspected fraudsters, financial criminals and other offenders, the Washington Post reported. More Following the Pandora Papers leak, U.S. lawmakers disclosed plans to extend some due-diligence requirements to lawyers, accountants, real estate agents and other...