Weekly Roundup: U.K. Backtracks on Cayman Islands Public Register Plan, NC Bank Hit with Ponzi Lawsuit, and More

The White House may impose sanctions on Chinese companies deemed responsible for recent cyberattacks and thefts of U.S. intellectual property as soon as next week, CNBC reported, citing three unnamed American officials. Sanctions opponents believe the measures could jeopardize the first U.S. visit by Chinese President Xi Jinping scheduled for later this month. More The U.S. State Department on Friday announced new international anti-corruption initiatives, including plans to reduce wildlife trafficking and launch FBI asset recovery teams. The initiatives were announced in conjunction with the 16th International Anticorruption Conference in Malaysia. More Citing money-laundering concerns, European financial regulators are pushing...