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Turkish regulators moved to limit the impact on financial markets after the U.S. targeted a leading bank in what amounted to a reprimand of President Recep Tayyip Erdogan’s military incursion in Syria.
Estonia should get the “majority” of fines that banks under investigation for their roles in Europe’s biggest money-laundering scandals are likely to face, Finance Minister Martin Helme said.
MEXICO CITY (Reuters) - The longtime head of Mexico’s powerful oil workers union, Carlos Romero Deschamps resigned on Wednesday, a day after the president hinted he should step down to face allegations of wrongdoing.
President Trump has often said things he perhaps shouldn’t have and has repeatedly disclosed sensitive information. On Wednesday, he did so again, appearing to confirm the United States has nuclear weapons in Turkey.
A trio of U.S. regulators is urging exchanges and other firms handling cryptocurrency transactions to read up on rules for counteracting money laundering and terrorism financing.
Federal prosecutors in Manhattan charged Turkish state-owned lender Halkbank with a multibillion-dollar scheme to evade U.S. sanctions on Iran, ramping up pressure on Turkey’s President Recep Tayyip Erdogan as he conducts a military offensive on Syria.
The leaders of the U.S. Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, and the U.S. Securities and Exchange Commission (the “Agencies”) issued a joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT) obligations under the Bank Secrecy Act (BSA).
FRANKFURT/TALLINN (Reuters) - Deutsche Bank did not disclose more than one million suspect money transfers with Danske Bank until February, a person with direct knowledge of the matter said, about five years after a whistleblower flagged suspicious transactions at Danske.
The idea of the world’s most powerful social network controlling a global currency was always going to face opposition. As it meets with backers on Monday, Facebook is realising just how much. PayPal has already withdrawn its support, while critics have raised a litany of concerns about potential economic havoc.
BEIRUT—The U.S. announcement on Friday that it is delivering more missile-defense systems and troops to Saudi Arabia intensifies a face-off with Iran—which has warned that an attack on the country would trigger an “all-out war.”