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Midweek Roundup: White House Asks Supreme Court to Ignore Arab Bank Appeal, FATF Weighs Blacklisting Afghanistan, and More
printThe Financial Action Task Force will blacklist Afghanistan if the country doesn't soon adopt anti-money laundering laws, according to Reuters. A draft bill presented by the central bank but stripped of key measures by Afghan lawmakers would not save the country from the blacklist if passed in its current form. More The Obama administration asked the Supreme Court to decline an appeal by Arab Bank Plc seeking to overturn a ruling that allows a jury to consider the Jordan-based financial institution's decision to withhold account records from plaintiffs who say it aided terrorist groups, Reuters reported. Arab Bank has argued...
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