Midweek Roundup: Mexico Arrests Zetas Leader, Israel Reportedly Retracts Testimony in Terror Finance Suit, and More

Two former executives of Vatican Bank repeatedly broke Italy's anti-money laundering (AML) laws by approving 15 transfers without detailing the origin of the funds or the reason for the transfers, prosecutors have alleged in judicial documents obtained by Reuters. Prosecutors have not accused the bank's former Director General Paolo Cipriani and Deputy Director General Massimo Tulli of knowingly transferring dirty money. More The United Kingdom could ban bearer shares and mandate that nominee directors disclose beneficial ownership data, under a proposal by Business Secretary Vince Cable, Reuters reported. The plan would also prevent companies from acting as directors themselves, the...