Brazil Justice Freezes Nelson Tanure’s Assets in Banco Master Investigation
Brazil’s Supreme Court has ordered the assets of veteran entrepreneur Nelson Tanure to be frozen as part of an investigation into failed lender Banco Master SA, according to a January 6th decision seen by Bloomberg.
How a U.K. Loophole Hands the Kremlin Tens of Millions of Pounds Each Month
A senior Labour lawmaker is urging the British government to close a sanctions loophole that allows jet fuel and other refined oil products derived from Russian crude oil to enter the U.K., Politico reported.
Once Championed by Industry, Sweeping Crypto Bill Draws Criticism from All Sides
Major U.S. crypto companies and lobbyists are turning against a sweeping digital-asset bill they had championed, threatening efforts to lock in a regulatory framework while Republicans still control Congress.
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.
Trump Moves U.S.-Controlled Venezuelan Oil Money to Qatar
The Trump administration’s first sale of Venezuelan oil under a new arrangement is valued at $500 million, with much of that money being held in a U.S.-controlled bank account in Qatar, according to Semafor.
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.