Flat budget for U.S. Treasury Department's counterterrrorist financing and anti-money laundering personnel, Taiwanese bank fined just $33,000 for dozens of compliance failures, and more, in the midweek roundup.
U.S. and U.K. banks consider quantifying regulatory risk posed by President Donald Trump, nonprofit accuses banking regulators of opacity, and more, in the midweek roundup.
Deutsche Bank accused of orchestrating $21 million Israeli tax-evasion scheme, Indian investigators screen 11 million bank accounts for signs of money laundering, and more, in the midweek roundup.
The U.S. Justice Department's new FCPA chief previously called for more corruption-related prosecutions of individuals, U.K. banks want EU laws implemented before Brexit, and more, in the midweek roundup.
The EU's highest court upheld sanctions levied last year against Russia-based weapons manufacturer Almaz-Antey, U.S. senators called for new sanctions against senior Venezuelan officials, and more, in the midweek roundup.
Russia denies quid pro quo with U.S. President-elect Donald Trump, JPMorgan Chase plans to trim compliance expenditures, and more, in the midweek roundup.
U.S. lawmakers call for federal regulatory guidance on banking cannabis businesses, India's Mumbai Bank is fined less than $1,500 for nearly 500 know-your-customer failures, and more, in the midweek roundup.
The ex-chairman of Taiwan's Mega International Commercial Bank allegedly moved $7 million in illicit funds through Hong Kong, Russia blames foreign spies for cyberattacks on country's banks, and more, in the midweek 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.
U.S. officials may ease trade and banking restrictions against Iran, Philippine bankers are under U.S. investigation for allegedly laundering as much as $81 million siphoned from Bangladesh Bank, 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.
Swiss private bank Falcon has been blocked from taking on new business in Singapore, Turkey asked FATF members to freeze the assets and bank accounts of the Gülenist Group, and more, in the midweek roundup.
German officials intend to unveil measures to crack down on international tax havens, Brazilian President Dilma Rousseff vowed to fight efforts to impeach her over her alleged role in a massive money laundering scandal, and more, in the midweek roundup.
Russia plans to investigate whether the Russian nationals named in the Panama Papers violated any laws, officials in the Ukraine will probe President Petro Poroshenko over his ownership of three offshore companies with ties to Mossack Fonseca, and more, in the midweek roundup.