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Weekly Roundup: U.S. Threatens More Syria Sanctions, New Jersey AML Officer Fired for Allegedly Aiding Drug Dealers, and More
printU.S. Secretary of State Hillary Clinton said Thursday that the United States would impose additional economic sanctions on Syria if the Assad regime fails to implement a U.N.-Arab peace plan. The proposal, which does not explicitly call for Syrian President Basha al-Assad to step down, would have Syria withdraw from civilian centers, allow peaceful demonstrations and release political prisoners. More A former Venezuelan Supreme Court justice tied to a drug trafficker facing charges in the United States is expected to provide the Drug Enforcement Administration with information connecting President Hugo Ch??vez's government to corruption, money laundering, drug traffickers and narco-terrorism,...
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A group of investigative journalists reveal the identities of thousands of suspected tax evaders, U.S. prosecutors increasingly turn to a civil fraud statute to prosecute money launderers, and more, in this week's news roundup.
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A Boston-based lawyer famed for defending organized crime bosses is accused of money laundering, the European Union blacklisted Guinea-Bissau's leaders in response to the military junta's continued repression of constitutional order, and more, in this weeks' roundup.
HSBC Bank will lay off 77 employees that serve on its AML team in Buffalo, NY, Belarus' central bank will audit Credexbank after the U.S. Treasury Department accused it of money laundering, and more, in this week's roundup.
Kazakhstan's Senate approved a new anti-money laundering and counterterrorist financing bill, two former First Republic Bank employees claim that they were fired for investigating suspicious activity in an account that was later found to be connected to a fraudster, and more, in the weekly roundup.
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France updated its blacklist list of jurisdictions deemed to be uncooperative in tax matters, Associated Bank spent $5 million in the first quarter of this year to comply with an enforcement action related to AML violations, and more, in this week's roundup.
British Prime Minister David Cameron said that the European Union should suspend certain sanctions against Myanmar. The Joint Committee of the European Supervisory Authorities said Wednesday that EU member-states differ significantly in how they implement rules on beneficial ownership, and more.
German auto maker Daimler AG learned that it remained a target for foreign bribery charges by the U.S. Justice Department, an alleged Russian arms dealer who was the inspiration for the movie "Lord of War" was sentenced to 25 years in prison, and more, in the weekly roundup.
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