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Weekly Roundup: Court Orders Release of HSBC Report, Brazil Subpoenas Former President Silva, and More
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Brazil's former lower house speaker Eduardo Cunha was arrested for allegedly accepting millions of dollars in bribes, state-run oil firm Petroleos de Venezuela cannot account for $11 billion in funds that have gone missing, and more, in this week's roundup.
French lawmakers are set to vote on legislation that would establish a new anti-graft agency, the Federal Reserve entered into a written agreement with Liberty Bank, and more, in this week's roundup.
JPMorgan Chase will pay $200 million to settle alleged FCPA violations, President Barack Obama plans to push for stronger global measures against tax evasion, and more, in this week's roundup.
Group of Seven nations are expected to agree to bolster their efforts against money laundering and terrorist financing, the Bank of England ordered the banks it regulates to strengthen controls around their Swift terminals, and more, in this week's roundup.
The Vatican received 544 suspicious activity reports in 2015, Australia's financial intelligence unit proposed extending AML regulations to virtual currency companies, and more, in this week's roundup.
New York banking regulators ordered 13 foreign financial institutions to disclose any relationships they may have had with Mossack Fonseca, OFAC issued guidance for complying with the U.S. embargo against Cuba, and more, in this week's roundup.
Putin told a televised call-in program that the U.S. and EU are unlikely to lift sanctions against Russia in the near future, the OCC finalized a consent order with San Diego-based Neighborhood National Bank, and more, in this week's roundup.
Brazilian state prosecutors are seeking the arrest of former President Luiz Inacio Lula da Silva for allegedly violating money laundering laws, Russia's financial intelligence unit said it has discovered 42 domestic organizations that finance terrorism, and more, in this week's roundup.
The European Central Bank shuts down a financial institution for AML failures for the first time, French officials question whether UBS AG pressured a whistleblower and more, in this week's news roundup.
FATF removed Algeria, Angola and Panama from its list of countries with strategic deficiencies in their AML rules, the European Court of Justice denied the EU Council's appeal to reimpose sanctions against Iran's Bank Mellat, and more, in this week's roundup.
FATF could soon grant full membership to Israel, Malaysia, Nigeria and Saudi Arabia, Japan approved new sanctions against North Korea in response to its nuclear test, and more, in this week's roundup.
The U.S. Securities and Exchange Commission on fined E.S. Financial Services $1 million, Austria-based Raiffeisen Bank International will open an Iranian branch, and more, in this week's roundup.
