Weekly Roundup: Hugo Chavez Asks U.S. for List of Suspect Brokers, Ecuador Vows to Get Off FATF List, and More

European countries and the United States continued to clash over regulatory issues this week. On Monday, the EU Parliament approved a measure that would potentially force U.S. hedge funds to apply with European anti-money laundering rules despite opposition from the U.S. Treasury Department. More The vote on the measure, which still requires final approval, followed comments by Switzerland's financial minister that U.S. officials plan to take legal action against UBS AG if the Swiss bank is barred from turning over data on 4,450 accounts suspected to involve U.S. tax evasion, according to a report by Reuters, which cited the newspaper...