Counterparty – Page 7

Image: Rum Point beach – Grand Cayman by Lhb1239, [CC BY-SA 3.0], edited

Watchdog Calls for New Beneficial Ownership Standards in UK Territories

The UK should standardize beneficial-ownership requirements across its Overseas Territories and Crown Dependencies, an international watchdog group said.

JPMorgan to Pay $330 Million to Resolve 1MDB Case in Malaysia

JPMorgan Chase will pay $330 million to the government of Malaysia to settle claims that it facilitated the processing of $800 million in fraudulent transactions linked to the looting of Malaysia’s sovereign wealth fund, 1MDB.

Rob Hornstra, “Aleksander Zelekson, Nizhny Novgorod (2007),” cropped and edited from the original, via Wikimedia Commons, CC BY-SA 3.0.

Censored and Sanctioned, Russian Television Plays American Hit Shows

As the war in Ukraine grinds on, Russians continue to seek respite from the conflict by turning to movie and TV streaming services, including at least one that is showing HBO hit shows.