Weekly Roundup: U.S., EU Impose More Sanctions on Syria, Noriega Faces Extradition Back to Panama, and More

The International Monetary Fund (IMF) released a report Wednesday that credited the United Kingdom with improving its anti-money laundering (AML) regime. Following up on a June 2007 Financial Action Task Force report, the IMF found that the U.K. had addressed deficiencies in monitoring politically exposed persons and in supervising designated non-financial businesses and professions. The U.K also got points requiring financial institutions to monitor transactions involving high-risk countries and put their findings in writing. However, the report noted that improvements over the control of bearer shares were still needed. More Europe and the United States tightened sanctions against Syria this...