Securities and Exchange Commission's claw back powers curtailed, Goldman Sachs investigates purchase of Venezuelan state oil bonds, and more, in the midweek roundup.
Deutsche Bank has enacted a hiring freeze amid a series of expensive legal and regulatory settlements, U.S. officials are preparing a new round of sanctions against Russia, and more, in this week's roundup.
Germany may push the EU to adopt a new round of sanctions against Russia, Bank of Tokyo-Mitsubishi, HSBC and OCBC Bank are set to test the use of blockchain technology to screen transactions in a trial run, and more, in this week's roundup.
U.N. sanctions on Iran's Bank Sepah and Bank Sepah International were removed as part of a "secret" deal between U.S. and Iranian officials, the Fed ordered the Agricultural Bank of China to overhaul its AML program, and more, in this week's roundup.
OFAC designated the Pacnet Group as a transnational criminal organization, Canadian lenders Scotiabank, RBC and CIBC together formed nearly 2,000 offshore firms in the Bahamas according to leaked documents, and more, in this week's roundup.
Brazil's former President Luiz Inacio Lula da Silva denied wrongdoing after prosecutors charged him with money laundering, an Iranian lawmaker said that Iran's cooperation with FATF is crucial to the country's reengagement with the global financial system, and more, in this week's roundup.
Approximately $50 billion is laundered through Mexican financial institutions every year, Deutsche Bank's Chief Information Security urged the global messaging system known as Swift to strengthen its security processes, and more, in this week's roundup.
U.N. Security Council members failed to reach the consensus needed to pass sanctions against Syria, Haiti adopted AML and counterterrorist financing controls, and more, in this week's roundup.
Taiwan plans to bolster its anti-money laundering rules, U.S. and South Korean officials are considering imposing a new round of sanctions against North Korea, and more, in this week's roundup.
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