Pictet to pay US authorities $123mn after helping clients evade tax

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swiss private bank Pictet has agreed to pay $123mn…

A pariah regime used a Cyprus middleman in bid to evade oil-industry sanctions – ICIJ

[ad_1] In June 2014, Syria’s civil war was entering its bloodiest phase. Rebel militias had seized large swaths of the country. The Islamic State had set up a de facto…

Banks should slow deposit withdrawals, prepare better collateral to evade crises – SNB

[ad_1] Vice-Chairman of the Swiss National Bank (SNB) Martin Schlegel attends a news conference in Zurich, Switzerland, March 23, 2023. REUTERS/Denis Balibouse/File photo Acquire Licensing Rights Liquidity assistance alone not…

Politicians leverage Electoral Act loopholes to evade scrutiny | The Guardian Nigeria News – Nigeria and World News

[ad_1] • Act enables only political parties to scrutinise candidates’ credentials• Stakeholders seek review of Electoral Act before 2027 general elections• ‘Parties should be sanctioned for fake papers as deterrence’…

Estonian Crypto Firms Engage in ‘Massive-Scale’ Fraud and Aid Russia Evade Sanctions: Report

[ad_1] Estonia has been one of the early receivers of cryptocurrency licenses in the EU, but it did not save the Baltic nation from falling victim to ‘massive-scale’ crypto-related fraud…

Hindenburg Research targets $4.6 billion Kazakh brokerage for allegedly helping Russian oligarchs evade sanctions

[ad_1] Freedom Holding CEO Timur Turlov in a Freedom office in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Hindenburg Research, the prominent short seller that’s bet against Jack…

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach

[ad_1] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September…

Top NIH Official Advised Covid Scientists That He Uses Personal Email To Evade FOIA – Slashdot

[ad_1] A top adviser to Anthony Fauci at the National Institutes of Health admitted that he used a personal email account in an apparent effort to evade the strictures of…

Democrats warn large tech firms could evade competition policies under new trade rules

[ad_1] Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Jerome Powell during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress,…

Senate: Credit Suisse still helps rich Americans evade taxes

[ad_1] GENEVA (AP) — U.S. lawmakers said Wednesday that Credit Suisse kept allowing wealthy Americans to dodge tax payments, finding after a two-year investigation that the embattled Swiss bank violated…