Weekly Roundup: Russia, U.S. to Launch Magnitsky Act Probe, Italian Techies Create MafiaLeaks Site, and More

Russian and U.S. officials will investigate embezzlement and money laundering allegations against individuals listed under the Magnitsky Act, according to Friday's Moscow Times. The U.S. Congress passed the Act, which imposes asset freezes and visa bans, in response to the controversial death of Russian lawyer Sergei Magnitsky. More Switzerland remains the top financial secrecy jurisdiction in the world despite recent moves to increase transparency, the Tax Justice Network concluded in its Financial Secrecy Index released Thursday. The non-profit organization also named Luxembourg, Hong Kong, the Cayman Islands and Singapore among the top five secrecy regions. The U.S. was sixth. Between...