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OFAC

LONDON—Transparency International is warning that more than one in ten of all limited liability partnerships (LLPs) ever registered in Britain bear the “hallmarks of shell companies used for serious financial crimes.”

WASHINGTON—The White House will hold a ransomware summit Nov. 7 designed to increase global and private sector cooperation to confront the growing security threat.

WASHINGTON–When the Federal Reserve’s Open Market Committee concludes its two-day meeting today it will almost certainly announce another increase in the Fed Funds rate of 75 basis points, according to numerous analysts.

ALEXANDRIA, Va.– More than six in 10 credit unions are reporting a leadership and organizational commitment to diversity, while more than half of those surveyed said they have taken steps to implement employment practices to demonstrate that commitment, according to the latest results of NCUA’s Credit Union Diversity Self-Assessment (CUDSA).

TALLAHASSEE, Fla.–United Solutions Company (USC), a technology CUSO hosting core processing and many other technology services for credit unions, said Houston-based MemberSource Credit Union has signed a contract to migrate their XP2 core processing system to USC’s data center.