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Weekly Roundup: U.K. to Weigh Legalizing Facilitation Payments, Vatican Bank Reviews All of its Accounts, and More
printThe United Kingdom is weighing whether it should legalize facilitation payments, now banned under the nation's primary anti-bribery law, Financial Times reported. The relaxation of the law could attract criticism from the Organisation for Economic Co-operation and Development (OECD), the news agency concluded, since the OECD has criticized the U.K.'s commitment to tackling corruption in the past. More On Thursday, the Caribbean Financial Action Task Force (CFATF) called on nations to "consider the risks" associated with Belize, Dominica and Guyana after the three nations failed to adequately improve their anti-money laundering regimes. The organization said that it would refer Belize...
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