24 September 2020
Australia’s attorney general called the bank’s anti-money laundering record “abysmal” after it agreed to pay a fine that is close to double the previous highest corporate penalty in the country.
15 September 2020
Philippe Vollot, Danske Bank’s chief compliance officer, spoke to GIR about his “obsession” with bringing in a new wave of experts to overhaul the bank’s compliance culture in the wake of a huge money laundering scandal.
09 September 2020
The Swiss Attorney General’s Office is investigating individuals over allegations of money laundering tied to Venezuela’s state-owned oil and gas company.
19 August 2020
The US financial intelligence agency has outlined the factors it will take into account when making its enforcement decisions over anti-money laundering failures.
31 July 2020
A Swiss court has ordered a former compliance officer at private bank Coutts to pay 50,000 francs for intentionally breaching anti-money laundering laws in a case linked to the 1MDB scandal.
03 July 2020
Spain’s National Court has handed a €22.7 million fine and prison sentences to four former employees of Chinese bank ICBC over allegations they laundered millions of euros on behalf of Asian criminal organisations.
17 June 2020
The UK’s financial regulator has fined the London arm of German lender Commerzbank £37.8 million for failing to establish robust anti-money laundering controls.
15 June 2020
Latvia’s state police have searched dozens of premises in an ongoing probe into alleged money laundering of several hundred million euros at local bank ABLV.
05 June 2020
Swiss federal prosecutors have opened an investigation linked to an alleged bribery scheme concerning $2 billion in loans raised by Credit Suisse and Russian bank VTB for the government of Mozambique.
04 June 2020
Prosecutors in Alaska are seeking to seize $20 million tied to a vast money laundering and Iranian sanctions evasion scheme that is being held by a UAE investment fund.
Deborah Luskin, Anant Modi, Selma Della Santina and Sarah Wrigley
Benjamin S Haley, Sarah Crowder, Randall D Friedland and Thomas McGuire
Jason J Kang, Daniel S Lee, Nan Wang, Ryan Middlemas and Hangil Lee
Simone Nadelhofer and Daniel Lucien Bühr
Boutique Law LLP
Boutique Law LLP