Weekly Roundup: Justice Department Seized Silk Road Bitcoins, OCC Dings Two Banks for BSA Problems, and More

With a multilateral accord set to take effect on Monday More, Europe is poised to lift Iran sanctions preventing tankers from shipping Iranian crude oil to India, China, Japan, South Korea, Turkey and Taiwan, Bloomberg reported. The agreement relaxes sanctions for six months in exchange for a suspension in Iran's nuclear program. More The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) ordered Roseville, CA-based Rabobank to develop and implement an institution-wide ongoing risk assessment that identifies anti-money laundering (AML) vulnerabilities and hire an independent consultant to review how it identifies suspicious activity. More In a separate...