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Midweek Roundup: US Lawmakers Revive Plans for Corporate Transparency, Lloyds Bank Failed to Track Wire Fraud, and More
printA pair of U.S. lawmakers will reintroduce legislation requiring all states to track the real owners of local businesses amid concerns that Russia is using U.S. shell companies to spread its influence, the Financial Times reported. More U.S. officials investigating Russia's alleged attempts to influence last year's presidential election are focusing on payments made to former National Security Adviser Michael Flynn's consulting company by three Russian entities and one Netherlands-based firm controlled by a Turkish national, anonymous sources told Reuters. More Lloyds Bank ignored regulatory guidelines and told a customer who was a wire-fraud victim to ask Barclays Bank to...
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