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Weekly Roundup: U.S. Justice Department Subpoenas Banamex, New York Moves to Check Suspicious Property Deals, and More
printU.S. prosecutors this year subpoenaed Citigroup's Mexican affiliate, Banamex, for documents related to its anti-money laundering (AML) controls and compliance checks on hundreds of customers, Bloomberg reported. Mexican banking regulators served the documents on Banamex in January. More New York City will require corporations buying or selling real estate to disclose the names of all of their beneficial owners following reports that shell companies recently used to purchase high-end properties were controlled by individuals under investigation, The New York Times said. More than half of New York condo sales last year were to limited liability companies. More The U.S. Senate...
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Swiss officials review the role of safe-deposit-box companies in tax evasion, Malaysia blocks the planned handover of records on a troubled sovereign wealth fund, and more, in this week's news roundup.
New York State has received 22 applications for BitLicenses, Brazilian authorities conducted 10 raids and made one arrest in a corruption probe, and more, in this week's roundup.
Weekly Roundup: FIFA Official Extradited, UniCredit to Settle Tax Investigation in Germany, and More
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