The Council of Europe’s anti-graft group criticized Bosnia and Herzegovina (BiH) for making little progress in its fight against corruption, having implemented only a few of the group’s dozens of recommendations for increasing transparency, especially in relation to political funding.

Despite a law requiring the U.K. government to publish details on all COVID-19 contracts, roughly £3 billion (US$3.92bn) doled out to private companies remains concealed, according to the Good Law Project, a non-profit organization that takes on public interest legal cases.

The U.S. Chamber of Commerce wrote a letter of support on Monday for the ILLICIT Cash Act– a key piece of legislation that experts and lawmakers say would help reform the country’s opaque financial system that remains vulnerable to illicit activity such as money laundering, tax evasion, and fraud. 

Sweden’s SEB bank admitted billions of euros were funneled by “low transparency” customers in its three Baltic state branches, ahead of an investigation by five news organizations.

Companies that register in Delaware might soon have to identify their owners, as the state is backing federal legislation after a decade of resistance, the Wall Street Journal reported Monday.