The United States Environmental Protection Agency (EPA) has announced that ConAgra Grocery Products Company (ConAgra) has agreed to pay US$5.7 million to reimburse the EPA the costs of cleaning up tannery sludge disposed of by alleged predecessor to ConAgra the AC Lawrence Leather Company into a series of sludge lagoons during 1955 - 1975.
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has made available public notices (both dated 28 July 2014) regarding administrative monetary penalties against the following Ontario-based money services businesses (MSBs) for breaching the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations:
United States treasury bureau the Financial Crimes Enforcement Network (FinCEN) has issued a notice of proposed rulemaking (23 July 2014) (the NPRM) on customer due diligence (CDD) requirements for financial institutions.
The United States Department of the Treasury foreign assets control office (OFAC) has announced that the following companies have resolved breaches or alleged breaches of sanctions regulations:
The White House has made available Closing Corporate Tax Loopholes (26 July 2014), the text of United States President Barack Obama's latest weekly address at the White House.
The United States Securities and Exchange Commission (SEC) has ordered (24 July 2014) three Morgan Stanley firms to pay a total of US$275 million comprising disgorgement, prejudgment interest and a civil penalty for "misleading investors in a pair of residential mortgage-backed securities (RMBS) securitizations that the firms underwrote, sponsored, and issued".
The United States Department of Justice (DoJ) has made available a notice of proposed rulemaking (23 July 2014) (the NPRM) and questions and answers (updated 24 July 2014) regarding its proposal to introduce explicit requirements under the Americans with Disabilities Act (the ADA) for movie theatres.
The United States Department of Justice (DoJ) has announced that it has recovered US$80 million from France-based bank and financial services provider BNP Paribas in a judgment under the False Claims Act.
The United States Securities and Exchange Commission (SEC) has ordered (25 July 2014) alternative trading system (ATS) operator and Citigroup unit LavaFlow to pay a total of US$5 million to settle charges that it "fail[ed] to protect the confidential trading data of its subscribers".