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House Foreign Affairs Committee Chairman Michael McCaul (R-TX) joined Rep. John James (R-MI) to introduce the Enhance Cooperation Against Terrorism Act. This legislation will help improve security cooperation between countries in the Middle East and North Africa region by expediting congressional review of arms sales to U.S. partners and allies
Treasury’s Office of Foreign Assets Control (OFAC) designated Diego Macedo Gonçalves do Carmo (Gonçalves), a member of Primeiro Comando da Capital (PCC), a Brazil-based criminal organization sanctioned pursuant to counter narcotics authorities. The PCC is the most notorious organized crime group in Brazil and among the largest in Latin America, and Gonçalves is a key operative responsible for laundering hundreds of millions of dollars for the organization.
FinCEN is issuing a proposed rule to require certain persons involved in real estate closings and settlements to submit reports and keep records on identified non-financed transfers of residential real property to specified legal entities and trusts on a nationwide basis.