[ad_1] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights Oct 18 (Reuters)…
Tag: moneylaundering
USB key found at Ortis’s apartment contained details of money-laundering probe, jury told | CBC News
[ad_1] Police found a trove of intelligence documents on an encrypted USB key at former RCMP intelligence director Cameron Ortis’s Ottawa apartment, Ortis’s trial heard Thursday. The Crown said the documents included details of…
Switzerland aims to track corporate ownership in attempt to curb money-laundering – ICIJ
[ad_1] The Swiss government plans to create a central registry to identify the true owners of now-anonymous Swiss-registered companies and partnerships, an incremental but important anti-money laundering reform for the…
Singapore banks tighten scrutiny of clients after money-laundering scandal
[ad_1] Receive free Singapore updates We’ll send you a myFT Daily Digest email rounding up the latest Singapore news every morning. Banks in Singapore are stepping up scrutiny of customers…
Switzerland Weighs New Money-Laundering Rules Amid US Criticism
[ad_1] Switzerland proposed new rules to toughen anti-money laundering laws as US officials ramp up their critique of what they say is weak sanctions enforcement. A plan announced Wednesday includes…
Danske Bank auditor EY reported to fraud squad over 2014 report
[ad_1] COPENHAGEN (Reuters) – Accountant EY’s audit of scandal-hit Danske Bank came under scrutiny on Friday as Danish authorities asked the state prosecutor for financial fraud to investigate the matter.…
Regulator’s Review of Over 30 Swiss Banks Finds Shortcomings in Money-Laundering Controls
[ad_1] GENEVA (AP) — Switzerland’s financial markets authority said Thursday that an in-depth review of more than 30 banks conducted this spring found that “a large number” failed to meet…
Swedish FSA fines SEB for lax anti-money laundering measures in Baltics
[ad_1] By Colm Fulton, Simon Johnson STOCKHOLM (Reuters) – Sweden’s financial watchdog on Thursday fined lender SEB SEBa.ST 1 billion crowns (£86 million) for failures in compliance and governance in…