AP — A 16-month freeze on new private restaurants and bed-and-breakfasts will end in December when Cuba’s communist government implements
As one of the world’s biggest sellers of smartphones and the back-end equipment that makes cellular networks run, Huawei Technologies
The U.S. Treasury Department’s Office of Foreign Assets Control has agreed to drop legal proceedings against longtime pro-Cuba activist Albert A. Fox Jr. in exchange for a fine of $10,000.
“NOW WHAT” – AN ARTICLE THAT ANSWERS THE QUESTION, “AFTER SANCTIONS ARE LIFTED, HOW DO I GET MY MONEY BACK?”
Against a backdrop of big changes to U.S. sanctions in respect of both Iran and Cuba, A. Katherine Toomey, Cristian Francos and Aaron T. Wolfson of Lewis Baach PLLC explain how to access funds which had been frozen – until now
Love it or hate it, the risk-based approach (RBA) is a key aspect of compliance work. But what happens when the boss shows up one day with a woefully muddled up RBA plan and expects ...
The head of compliance of Denmark’s biggest lender Danske Bank (DANSKE.CO) has resigned, saying he was leaving following an “intense” period of work that was partly due to dealing with a money laundering scandal at ...
In an interesting turn of events, French cement giant Lafarge finds itself at the core of a rather unique, and quite embarrassing, compliance case. How it will untangle itself out of this mess will be ...
The European Union’s top banking watchdog has found “general and systematic shortcomings” in Malta’s application of EU anti-money-laundering rules, it said on Wednesday. The European Banking Authority’s (EBA) criticism came as it concluded an enquiry into ...
The European Union reached a deal on Tuesday allowing businesses to seamlessly transfer personal data between the bloc and Japan,
U.S. President Donald Trump said he discussed North Korea’s nuclear weapons program with Russian President Vladimir Putin in their meeting
Iran has filed a lawsuit against the United States alleging that Washington’s decision in May to impose sanctions after pulling
AP — Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of