The Trump Organization allegedly partnered with corrupt local official to develop hotel in Azerbaijan that never opened, Russia plans to close more banks involved in illicit finance, and more, in the midweek roundup.
Israel's Bank Hapoalim has racked up as much as $220 million in costs for allegedly abetting tax evasion, China is working on a digital currency it hopes will foil financial criminals, and more, in this week's roundup.
Macau's former chief prosecutor has been charged with nearly 2,000 counts of fraud, money laundering and other crimes, former Venezuelan soccer federation head Rafael Esquivel pleaded guilty to money laundering, and more, in this week's roundup.
Russian sports agent Andrey Baranov is the target of a U.S. money laundering investigation, an Italian court will depose four employees of Bank of China that were allegedly involved in transferring roughly $2.5 billion in illicit funds, and more, in this week's roundup.
U.S. lawmakers endorse new sanctions against North Korea, Amnesty International faults Luxembourg for permitting transactions linked to banned arms and more, in this week's news roundup.
Canada's Innovation Minister Navdeep Bains said the country is considering lifting sanctions against Iran, UBS AG has agreed to fully cooperate with French officials investigating possible tax evasion involving as much as $13 billion, and more, in this week's roundup.
German prosecutors are investigating 2,000 possible instances of tax evasion by clients of UBS AG, MONEYVAL published a report advising Guernsey to increase prosecutions of money laundering, and more, in this week's roundup.
The U.S. Treasury Department blacklisted Lebanese telecommunications firm Spectrum Investment Group Holding SAL and its chairman, Brazil's central bank ordered brokerage firm TOV Corretora to shut down for violating CDD rules, and more, in this week's roundup.
Wells Fargo Bank must conduct an AML risk assessment under the terms of a consent order, U.S. officials blacklisted two Central African Republic militia commanders and four Burundi nationals, and more, in this week's roundup.
Andrea Sharrin has been named associate director of FinCEN's Policy Division, the U.S. Treasury Department blacklisted Colombia-based Los Chatas as narcotics traffickers, and more, in this week's roundup.
France says prepaid cards were used to fund Paris attacks, U.S. Department of Justice indicts 16 more in FIFA scandal, and more, in the weekly roundup..
Group of Seven members want to bolster oversight over virtual currency firms, an advocacy group said that illicit financial outflows have worsened in Africa, and more, in this week's roundup.
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