Region: Netherlands

Switzerland becomes latest country to fine SBM Offshore over bribery

Swiss prosecutors have slapped SBM Offshore with a $7.6 million fine for bribery offences, closing another chapter in the Dutch oil company’s protracted efforts to put historic corruption behind it.

23 November 2021

Rabobank facing punishment over AML failures

Dutch lender Rabobank says it is facing punitive action from the country’s central bank over potential deficiencies in its anti-money laundering compliance systems.

16 November 2021

Monaco prosecutor interviews ex-SBM Offshore lawyer after extradition ordeal

Former SBM Offshore lawyer Jonathan Taylor voluntarily travelled to Monaco on Monday to speak with a public prosecutor, months after he successfully avoided extradition to the principality.

13 October 2021

Regulator clears ING executives over role in money laundering scandal

A Dutch banking regulator has closed an investigation into whether lender ING’s top executives committed ethical breaches in connection with a money laundering scandal at the bank.

17 September 2021

Dutch prosecutors investigate Morgan Stanley in dividend stripping case

06 September 2021

Netherlands chastises Binance amid global scrutiny

Financial regulators across the world have criticised Binance’s business practices in recent months, warning that the cryptocurrency exchange is operating illegally in their respective countries and may be exposing customers to increased money laundering risks.

19 August 2021

Counsel Watch: US firm guides electrics company to $230 million fraud DPA

In the latest counsel watch, a team from Jones Day leads Ohio-based electric services company FirstEnergy to a multimillion-dollar settlement over allegations it made fraudulent payments to public officials for beneficial treatment.

12 August 2021

Dutch prosecutors investigating ABN Amro in dividend stripping case

11 August 2021

Dutch court throws out prosecution of KPMG accountants in corruption case

16 July 2021

Dutch regulator’s complaint against former Deloitte accountant upheld

09 July 2021

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