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Weekly Roundup: Wynn Resorts Investigated for Money Laundering, Iran Negotiations Deadline Nears, and More
printFederal law enforcement officials are investigating Wynn Resorts Ltd. for potential violations of laws against money laundering, The Wall Street Journal said Thursday More, ahead of a report by Reuters that the casino operator has denied the allegations. More Last year, multiple sources told ACAMS moneylaundering.com that the company was one of four Las Vegas casino operators facing scrutiny from the U.S. Treasury Department. More Cancelling plans to return to Tehran, Iran Foreign Minister Mohammad Javad Zarif met with U.S. Secretary of State John Kerry twice Friday in Vienna in efforts to reach a permanent nuclear agreement with world powers...
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The EU extended sanctions against Zimbabwe, the OCC disclosed two enforcement actions for AML deficiencies, and more, in this week's roundup.
Tunisia will investigate 256 of its citizens who have secret HSBC accounts in Switzerland, Canada's Supreme Court ruled that lawyers should be exempt from filing STRs on their clients, and more, in this week's roundup.
Islamic State is using Bitcoin and the Dark Web to recruit and fundraise, European Union leaders are mulling blocking Russia from Swift, and more, in this week's roundup.
North Korea is demanding that South Korea lift sanctions as a condition for bilateral talks, Billionaire Rinat Akhmetov was questioned over his suspected involvement in terrorist financing, and more, in this week's roundup.
Argentina's central bank fined HSBC's regional affiliate $10 million for AML violations, three senior AML and risk management officials at the Royal Bank of Scotland Group PLC have left or are planning to resign, and more, in this week's roundup.
Argentine authorities searched HSBC Argentina's headquarters in a tax evasion probe, Bangladesh's FIU published AML guidance on risk assessments, and more, in this week's roundup.
Efforts by U.S. states to legalize Internet gambling beyond New Jersey, Delaware and Nevada have come to a standstill, India's Reserve Bank advised nonbanking financial companies that their KYC procedures should be tailored to levels of risk, and more, in this week's roundup.
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