Spanish authorities allege that Hares Youssef, a Syrian-Ukrainian businessman, linked his friend, exiled Ukrainian oligarch Dmytro Firtash, to an organized crime network involved in money laundering. (Kyiv Post)
The U.S. Treasury Department announced a $100 million settlement with Zhongxing Telecommunications Equipment Corporation for breaching Iran sanctions.
A draft bill for German anti-money laundering law was approved, which includes the creation of a national register of beneficial ownership. (Global Compliance News)
Trump should reconsider his stance on the mining transparency law, which has eliminated a critical anti-corruption rule that improved transparency in the opaque natural resources sector. (FT)
RFE/RL examines how the jailing of a …read more
Source: Kleptocracy Initiative