Senator Seeks Info on $378mn in BNY Wire Transfers Tied to Epstein
Sen. Ron Wyden, the top Democrat on the Senate Finance Committee, is pressing Bank of New York Mellon Corp. for details about $378 million in wire transfers the bank processed involving accounts linked to Jeffrey Epstein, according to a Bloomberg report.
Ukraine Charges Former PM Tymoshenko with Soliciting Bribes
Ukraine’s anti-corruption authorities have charged former prime minister Yulia Tymoshenko with allegedly offering bribes to lawmakers from other parties in exchange for parliamentary votes, according to OCCRP.
Despite U.S. Push, Compliance Risks Remain Deterrent for Firms in Venezuela
President Donald Trump’s apparent green light for doing business in Venezuela is unlikely to prompt a rush of corporate investment, even if U.S. sanctions are rolled back, according to recent reporting by Dow Jones Risk Journal.
Stepping Back from Military Threats, U.S. Imposes Fresh Sanctions on Iran
The White House imposed new sanctions on Iran even as the Trump administration appeared to step back from its threat of military action in response to Tehran’s ongoing crackdown on Iranian protestors, according to The Wall Street Journal.
U.S. Justice Department Closes Swedbank Case without Enforcement
The U.S. Department of Justice has closed its anti-money laundering (AML) investigation into Swedbank AG without bringing an enforcement action, according to the Swiss lender.
Lebanon Charges Ex-Central Bank Governor Over Alleged $45mn Embezzlement
Lebanese prosecutors have charged former central bank governor Riad Salameh with alleged embezzlement of $44.8 million, nearly ten months after a court decision to refer him to trial, according to OCCRP.
White House Designates Muslim Brotherhood Branches as Terrorism Groups
The Trump administration designated three Middle Eastern branches of the Muslim Brotherhood as terrorist organizations, claiming the groups contribute to regional instability and violence.
California Fines Crypto-Lending Platform without State License
California’s Department of Financial Protection and Innovation (DFPI) fined crypto lending platform Nexo Capital Inc. $500,000, alleging the company made crypto-backed consumer and commercial loans to Californians without the required state license.
Spain’s AML Watchdog Fines CaixaBank €30mn over Real-Estate Deal
CaixaBank has been hit with several fines totaling more than €30 million by Spain’s anti-money laundering watchdog, Sepblac, over a legacy real-estate transaction.
EU’s Kallas Threatens New Iran Sanctions over Protestor Crackdown
European Union foreign policy chief Kaja Kallas is preparing to push for new sanctions on Iran following a security crackdown that has “reportedly claimed hundreds of lives” since protests began nearly two weeks ago, Euronews reported Monday.