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Weekly Roundup: Switzerland to Give U.S. Data on Venezuelan Accounts, Blackwater Founder Faces Laundering Allegations, and More
printBanks and other firms won't be required to legally certify that they have identified and disclosed all relevant data about employees allegedly involved in or responsible for criminal violations to receive credit for cooperation from federal prosecutors, a U.S. Justice Department section chief said at an anti-graft conference last month, according to The Wall Street Journal. More Executives at several small banks in the United Kingdom told Reuters that tougher regulations and accountability standards introduced by the Senior Managers Regime, which took effect this month, have made some of their managers and employees reticent to accept promotions for fear of exposing...
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