Browsing: laundering

Unlock the Editor’s Digest for freeA former EU commissioner and political heavyweight in Belgium is being investigated on suspicion of money laundering involving lottery tickets.Didier Reynders’s…

Unlock the Editor’s Digest for freeSwiss private bank Lombard Odier and one of its former employees have been charged with aggravated money laundering by Switzerland’s federal…

A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland.Bloomberg | Bloomberg | Getty ImagesLombard Odier — one of Switzerland’s oldest private banks —…

Unlock the Editor’s Digest for freeEuropean regulators rebuked Wise, the London-listed fintech, over its anti-money laundering controls and forced the payments group into a formal remediation…

Unlock the Editor’s Digest for freeThe UK has imposed sanctions on three people including Africa’s former richest woman as the Labour government steps up efforts to…

The Federal Reserve came down on a Kansas community bank for the second time in 14 months for deficient money laundering controls. The Fed issued a cease…

Unlock the Editor’s Digest for freeMetro Bank has been fined almost £17mn by the UK financial watchdog for failing to ensure an automated system was correctly…

Unlock the US Election Countdown newsletter for freeNigeria unexpectedly dropped money laundering charges against a Binance executive who had been held in the west African country…

Unlock the Editor’s Digest for freeTD Bank has agreed to pay the US government just over $3bn to settle charges that it failed to block criminal…

Unlock the Editor’s Digest for freeSocialite James Stunt allowed his offices in London’s Mayfair to become a “trusted hub” for criminality, prosecutors claimed on Thursday at…