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Midweek Roundup: Spy Agencies to Access BSA Database, Prosecutors Suspect Deutsche Bank Executives of Laundering, and More
printThe White House will soon allow the Central Intelligence Agency and National Security Agency to access the U.S. Treasury Department's database of Bank Secrecy Act reports, Reuters reported, citing a departmental document. While the Federal Bureau of Investigations already has full access to the database, the spy agencies can obtain data only on a case-by-case basis. More The Treasury Department blacklisted North Korea's Foreign Trade Bank (FTB) for its ties to the nation's weapons of mass destruction program. More The designation follows last week's U.N. resolution, which is expected to impact sanctions compliance for banks in China, Southeast Asia and...
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Canada banned all imports and exports tied to Iran, the European Union agreed to drop an arms embargo on Syrian opposition, and more, in the midweek roundup.
Peruvian ex-President Alejandro Toledo denied allegations that he laundered money through real estate, money launderers are allegedly using Mauritius to evade taxes and illicitly transport funds to India, and more, in the midweek roundup.
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The Bank of China closed an account maintained for North Korea's Foreign Trade Bank, the alleged perpetrators behind Estonia's largest ever money laundering scheme have been identified, and more, in the midweek roundup.
French authorities are probing HSBC for its alleged role in aiding tax evaders, the European Union lifted most of its sanctions against Myanmar, and more, in the midweek roundup.
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Italian authorities arrested 20 individuals for alleged money laundering connected to organized crime, twenty out of 22 men convicted for their roles in one of the biggest bank fraud schemes in Afghanistan's history were given prison sentences, and more, in the midweek roundup.
Midweek Roundup: Switzerland to Limit Cash Payments, Horse Meat Sales Linked to Laundering, and More
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