Topic: Annual report

Swiss bank: US drug gang sanctions probe no longer “material”

Zurich-based private bank EFG has removed all mention of a US sanctions investigation from its financial statements after first referencing the probe nearly five years ago.

23 February 2024

NatWest to claw back bonuses in the wake of £270m AML fine

23 February 2024

Lloyds latest bank to face AML systems probe in UK

Lloyds Banking Group has disclosed an FCA investigation into the lender's compliance with anti-money laundering rules, two days after Barclays said the agency had shuttered a similar probe.

22 February 2024

Australian regulator launches new review of Star’s Sydney casino

20 February 2024

Chinese tech company avoids SEC penalty over alleged accounting breaches

The Beijing-based cloud services provider gave the SEC summaries of internal interviews with witnesses in China and turned over “certain key documents originally written in Chinese” during the US regulator’s investigation.

07 February 2024

Endeavour Mining seeks $29m in clawbacks from fired CEO

19 January 2024

US-listed Chinese delivery company investigates “suspicious practices”

Chinese on-demand retail and delivery company Dada Nexus is hiring external lawyers to investigate “suspicious practices” that may have caused the business to overstate its turnover in 2023.

10 January 2024

Russian businessman challenges yacht forfeiture effort in Manhattan

29 November 2023

Indian solar power company self-discloses improper payments

Former executives of Azure Power were involved in a scheme to make improper payments, and certain former board members may have been aware of it, according to a recent audit by BDO.

13 November 2023

Swedish financial authority closes Ericsson probe

The Swedish Financial Supervisory Authority closed an inquiry into whether the telecommunications company was required to disclose its internal investigation into misconduct in Iraq, Ericsson disclosed.

18 October 2023

Unlock unlimited access to all Global Investigations Review content