Anti-Money Laundering – Industry News

U.S. probes Citi over compliance with money laundering laws (Reuters) – A federal grand jury is probing Citigroup Inc, including its Banamex USA affiliate, over compliance with the U.S. Bank Secrecy Act and regulations on money laundering, the company said. In an annual filing on Monday with the U.S. Securities and Exchange Commission, the company…

Arctic Oil & Gas News

Japanese energy firms to explore for oil in Arctic , posted on Kuwait News Agency Major Japanese energy developers will participate in an oil exploration project in the Arctic for the first time, a leading business daily here reported Monday. Japan’s largest oil explorer Inpex Corp. and the upstream subsidiary of the country’s top oil…