The U.S. Treasury Department’s Financial Crimes Enforcement Network and China’s Anti-Money Laundering Monitoring and Analysis Center have entered into a memorandum of understanding to prevent money laundering and terrorism financing.
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Combatting Corruption in Developing Countries
Justine Greening, the International Development Secretary, announced additional British efforts to combat corruption in developing countries through an International Corruption Unit (“ICU”). The ICU will draw together existing resources and investigative powers from the National Crime Agency (“NCA”), the Metropolitan Police and City of London Police to provide a multi-faceted approach.
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