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Midweek Roundup: France’s Banks Shun Art Industry, Canada Investigates Suspicious Property Purchases, and More
printBNP Paribas, HSBC and other global banks with operations in France are increasingly closing the accounts of small and midsize dealers and shippers of art and antiques in response to new due diligence standards that categorize the businesses as high-risk, according to the Antiques Trade Gazette. More The headquarters of France's soccer federation was raided and evidence seized as part of an investigation of former FIFA president Sepp Blatter, who is suspected of involvement in the FIFA corruption and money laundering scandal, according to the Associated Press. More Colombian citizen Miguel Trujillo pleaded guilty in a Brooklyn federal court to...
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