Weekly Roundup: Switzerland to Impose Beneficial Ownership Rules, Golf’s Mickelson Linked to Laundering Plea, and More

Due to the U.S. July 4th holiday, ACAMS is publishing a single news roundup this week. U.S. and European diplomats said they've secured a way to snap back U.N. sanctions on Iran if the country violates a nuclear accord, Bloomberg reported Wednesday. Sanctions relief will need to be approved periodically by U.N. Security Council resolutions. More Iran intends to raise its stake in International Islamic Trade Finance Corp, a Saudi Arabia-based organization that promotes trade financing, in preparation for a potential rollback of Western sanctions against the nation, Reuters reported. More The U.S. Treasury Department blacklisted two South Sudanese...