[ad_1] COPENHAGEN (Reuters) – Danske Bank DANSKE.CO has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to…
Tag: White Collar Crime / Fraud / Corporate Crime
UBS heads into record 4.5 billion euro French tax case appeal
[ad_1] By Brenna Hughes Neghaiwi, Sarah White ZURICH/PARIS (Reuters) – Swiss bank UBS will on Monday begin its appeal against a record 4.5 billion-euro ($5.37 billion) penalty levied by a…
Daughter of South Korean leader’s friend arrested in Denmark amid graft probe
[ad_1] SEOUL (Reuters) – The daughter of one of the central figures in a South Korean influence-peddling scandal that led to President Park Geun-hye’s impeachment will face extradition proceedings in…
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.…