Weekly Roundup: KPMG Under Investigation, US Lawmakers Tag North Korea with New Sanctions, and More

KPMG faces a regulatory investigation over its auditing of Rolls-Royce accounts after the engine maker paid Â?671 million to settle a bribery and corruption probe, Sky News reported. More The U.S. House of Representatives passed legislation to prohibit the processing of u-turn transactions and the provision of U.S. correspondent accounts for the North Korean government. More U.S. officials are preparing secondary sanctions against companies doing business with North Korea, which would presumably include Chinese entities, Reuters reported. More U.S. prosecutors believe that a billionaire real-estate developer from Macau accused of bribing a former U.N. General Assembly president also attempted to...