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Weekly Roundup: Brazilian Police Recommend Money Laundering Charge for Ex-President, Taiwan to Tighten AML Rules, and More
printBrazilian senators opened an impeachment trial against suspended President Dilma Rousseff for allegedly falsifying the national budget, and federal police recommended corruption and money-laundering charges against former President Luiz Inacio Lula da Silva and his wife for their role in a massive kickback scheme involving luxury beachfront property, Reuters reported. More and More Taiwan will bolster its anti-money laundering rules following the issuance of a $180 million fine by New York officials against the Manhattan branch of state-run Mega Financial for regulatory violations involving suspicious financial activity originating from Panama, Reuters reported. The country also plans to send examiners to...
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