Attorney General Jeff Sessions last month directed a review of a law enforcement initiative targeting Hezbollah’s drug trafficking and related operations in the United States and abroad, to evaluate allegations that certain matters were not properly prosecuted.
Read MoreA Turkish banker accused of helping Iran evade U.S. sanctions has been convicted by a jury in New York after a trial that sowed distrust between the two nations. The verdict came Wednesday at a trial where witnesses described corruption at the highest levels of Turkey's government, prompting its leaders to lash out at the U.S. prosecution.
Read MoreMexican prosecutors are failing to systematically punish money launderers and tax authorities are too lax with potential drug money fronts such as real estate and luxury goods firms, according to a draft report on Mexico’s efforts to fight illicit finance, another dour report on the country’s counter-financial crime efforts, where some fear it’s on the verge of a failed state.
Read MoreSwitzerland’s financial regulator said JPMorgan Chase’s Swiss subsidiary “seriously breached” anti-money laundering rules by completing transactions with a Malaysian government investment fund that is under investigation in at least six countries.
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