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Weekly Roundup: FATF Upgrades Indonesia, SEC Fines Against Compliance Officers Raise Concerns, and More
printAt the conclusion of its plenary meeting Friday, the Financial Action Task Force issued an update on its latest efforts to clamp down on fundraising by Islamic State and other groups, and removed Indonesia from a list of jurisdictions that require monitoring after the country adopted new measures against terror finance. More U.S. Sens. Mark Kirk (R-IL) and Robert Menendez (D-NJ) introduced a measure that would extend sanctions imposed on Iran in 1996 for another ten years. In a statement, Kirk said that the bill would give the White House the ability to "snap" sanctions back into place in the...
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