Weekly Roundup: Former Prosecutor Tapped to Lead US Sanctions Office, FinCEN Renews Real Estate GTO, and More

President Joe Biden nominated a former Justice Department official and current vice president and chief compliance officer of a group involved in organizing the 2028 Olympic and Paralympic Games in Los Angeles to lead the U.S. Treasury Department's Office of Terrorism and Financial Intelligence, Bloomberg reported. More Treasury's Financial Crimes Enforcement Network, or FinCEN, extended its requirement for title insurance firms to identify the owners of legal entities used to buy properties worth $300,000 or more in 12 metropolitan areas. More The department's Office of Foreign Assets Control imposed a $35,000 fine on Moneygram for processing transactions for federal inmates...