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Midweek Roundup: FIFA Investigation Reaches Citigroup, Tinian Dynasty Forfeits $2.5 Million, and More
printCitigroup Inc disclosed in an earnings report that it had been subpoenaed by New York federal prosecutors questioning its alleged role in the corruption and money laundering scandal involving FIFA, according to Reuters. More The New York State Department of Financial Services reached an agreement with the Industrial Bank of Korea requiring the lender to upgrade its anti-money laundering and suspicious activity reporting programs, Reuters reported. More Barclays Plc is reviewing cash transactions linked to its operations in South Africa for signs of money laundering, Bloomberg reported. More The Financial Crimes Enforcement Network proposed amendments to Reports of Foreign Bank...
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