News
- A classified intelligence report on Russian meddling in the U.S. electionsincluded uncorroborated allegations that the Kremlin holds compromising information about President-elect Donald Trump. (WaPo)
- Some $30 million linked to Pavlo Lazarenko, former PM of Ukraine, issitting frozen in a Lithuanian bank. (OCCRP)
- The value of reported fraud in the UK financial sector fell by 62 percent between 2015 and 2016, following increased scrutiny and anti-money laundering regulation. (FT)
- The wife of a corrupt Chinese official who abused the U.S. EB-5 visa program to import stolen funds will forfeit tens of millions of dollars in property. (LA Times)
- A Chinese dissident group will track Beijing’s human rights abuses and campaign for the U.S. to bring new “Global Magnitsky Law” legislation to bear on abusers. (RFA)
- Maltese politicians’ track record of financial impropriety casts doubt on their ability to push through money laundering reforms while it holds the EU presidency. (Malta Independent)
- Canada’s suspicious financial activity watchdog has issued guidance calling for greater efforts to prevent money laundering in real estate. (REMI Network)
- The heir to the Samsung Group has been implicated in the ongoing South Korean corruption scandal. (SCMP)
- Former UN Secretary-General Ban Ki-moon’s brother and nephew have been charged with bribery. (BBC)
Features
- Jennifer Shasky Calvery and Kevin Bell confront the links between kleptocracy, anonymous companies, and U.S. real estate. (Harvard Review)
- Kenneth Vogel looks at Ukraine’s efforts to make amends with the incoming Trump administration. (Politico)
- A quick explanation of new Czech money laundering laws. (Lexology)
