News
Weekly Roundup: US Probe of Standard Chartered Bank Nears End, Swiss Lender Gets Maximum Money Laundering Fine, and More
printU.S. officials are close to concluding their investigation into whether the sanctions violations that led to Standard Chartered's $667 million settlement four years ago continued after the 2000-2007 period, sources told Bloomberg. More British lawmakers have agreed to back Prime Minister Theresa May's plan to trigger the United Kingdom's exit from the European Union by the end of March 2017 in exchange for prior publication of her Brexit negotiations strategy, EurActiv said. More Several large international banks are in the advanced stages of plans to move some London operations to Paris in response to the United Kingdom's decision to leave...
TO READ THE FULL STORY
Related News
Sheldon Silver appeals corruption and money laundering conviction, Brazil's "Operation Car Wash" investigation enters new phase, and more, in this week's roundup.
Mexican drug kingpin Joaquin "El Chapo" Guzman has been extradited to the U.S., global banks HSBC and UBS may relocate 2,000 employees out of London due to Brexit, and more, in this week's roundup.
A European court rejected an appeal by UBS to overturn a French court's decision on humanitarian grounds, the United States eased sanctions against Sudan, and more, in this week's roundup.
Bangladesh police suspect that IT employees secretly participated in the Bangladesh Bank $81 million cyberheist, Panama barred Brazilian construction conglomerate Odebrecht from doing business in the nation, and more, in this week's roundup.
Italian bank Intesa Sanpaolo is under investigation for potentially breaching EU sanctions, Deutsche Bank AG pulled its U.S. dollar-clearing services out of Angola amid concerns of corruption concerns, and more, in this week's roundup.
Spanish officials fined Santander Bank €1 million for "serious" AML deficiencies, the U.K. is unlikely to remain in the European Union's single market after exiting the economic bloc, and more, in the midweek roundup.
The European Union imposed further sanctions on Syria, a revised peace agreement between Colombian officials and FARC separatists requires the rebels to disclose their assets, and more, in the midweek roundup.
Bank of China plans compliance upgrades following New York's enforcement action against competitor, Iran finalizes first contract with Western energy firm, and more, in the midweek roundup.
Russian sports agent Andrey Baranov is the target of a U.S. money laundering investigation, an Italian court will depose four employees of Bank of China that were allegedly involved in transferring roughly $2.5 billion in illicit funds, and more, in this week's roundup.
European nations launch investigations into banks tied to the Mossack Fonseca leaks, Miami-Dade county police accuse 22 individuals of using Florida businesses to launder cartel money, and more, in this week's news roundup.