Credit Suisse Raided for Tax Evasion Probe in 5 Countries

By ·

AMSTERDAM

Switzerland’s second-largest bank, Credit Suisse, has been raided on Thursday after a tip-off to Dutch prosecutors. The coordinated raids happened in, Netherlands, Britain, Germany, France and Australia.

Dutch Anti-Fraud Agency, the FIOD, are “investigating dozens of people who are suspected of tax fraud and money laundering“. Regulators and prosecutors amongst the five countries have since opened investigations against the clients of the bank.

There are no indications that its Singapore’s operations are affected.

 

Related Post

 Singapore’s ACIP Releases Guidance on Legal Persons and Trade-Based Money Laundering ACIP has released 2 guidance papers on approaches towards the misuse of legal persons and trade-based money laundering (TBML) during a dialogue held on 14 May.The ACIP is Singapore’s public-private collaboration to exchange views and information on anti-money laundering/countering the financing ...
 Digital Currency to have more oversight in new Anti-Money Laundering Bill UNITED STATES - Senators have taken aim at digital currencies, such as bitcoin and ethereum, with a new anti-money laundering (AML) bill.Senators Chuck Grassley of Iowa and Dianne Feinstein of California introduced the bill titled “Combating Money Laundering, Terrorist Financing and Counterfeiti...
 Singapore to have new AML/CFT payment services regulatory framework for cryptocurrencies Singapore will soon have a regulatory framework on the prevention of money laundering and countering the financing of terrorism for payment services. In a parliament session held on 3 October 2017, Deputy Prime Minister (DPM) and Minister in charge of the Monetary Authority of Singapore (MAS), Mr Th...

About JX Low

Editor · Dip(AML)

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

Be the first to know
We hate spam as much as you do