Russia's central bank said that lenders moved some $13.5 billion in suspicious funds out of the country through "mirror trades" from 2014 to 2016, and that the scandal extends beyond Deutsche Bank AG, which settled related U.S. and U.K. charges earlier this year, Bloomberg reported. More Latvia's banking regulator fined three local banks a combined $722,500 for breaching anti-money laundering rules and allowing clients to circumvent EU and U.N. sanctions against North Korea, Reuters reported. More U.S. prosecutors said Colombia's police detained a top anti-corruption official and a local associate on U.S. charges that they attempted to solicit and launder...
U.S. prosecutors accuse Afghan man of laundering proceeds of a U.S. government loan, U.K. authorities charge Barclays Bank executives with fraud linked to Qatari funds, and more, in the midweek roundup.
Flat budget for U.S. Treasury Department's counterterrrorist financing and anti-money laundering personnel, Taiwanese bank fined just $33,000 for dozens of compliance failures, and more, in the midweek roundup.
U.K. prosecutors involved in U.S. investigation of Societe Generale's alleged bribery scheme in Libya, Europol chief said banks largely avoided global "ransomware" attack, and more, in the midweek roundup.
Prosecutors subpoenaed records from associates of former national security advisor Flynn, senators ask FinCEN about suspicious activity involving Russia and President Trump, and more in the midweek roundup.