Swiss to ban deducting bribes from taxes starting in 2022

[ad_1] ZURICH, Nov 11 (Reuters) – Swiss companies will no longer be able to deduct bribes paid to private individuals from their taxes, Switzerland’s government said on Wednesday, according to…

Lawsuit against Danske Bank grows to $1.1 billion in claims

[ad_1] COPENHAGEN (Reuters) – Claims against Danske Bank DANSKE.CO in a lawsuit about one of the world’s biggest money laundering investigations have topped $1 billion, according to a Danish law…

IMF to examine Nordic efforts to stop money laundering in the Baltics

[ad_1] STOCKHOLM (Reuters) – The International Monetary Fund will examine efforts by Nordic banks and regulators to stop money laundering in the region and the Baltic countries, Sweden’s central bank…

UBS looked into anti-money laundering in hiring CEO Hamers, chairman says

[ad_1] FILE PHOTO: Axel Weber, UBS Chairman of the Board of Directors, attends a session during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020.…

Trafigura says employee detained in China over cargo shipment

[ad_1] FILE PHOTO: Trafigura logo is pictured in the company entrance in Geneva, Switzerland March 11, 2012. REUTERS/Denis Balibouse LONDON (Reuters) – Trafigura AG said on Thursday one of its…