News

Danske Bank agreed to pay the French government €6.3 million in penalties to settle money laundering charges linked to a financial crime scandal involving the Danish lender's now-shuttered Estonian affiliate, ACAMS moneylaundering.com reported. More Switzerland's financial regulator imposed business restrictions on Mirabaud and ordered the private lender to disgorge $15 million in profits after discovering anti-money laundering violations related to a network of legal entities used in a $1.7 billion tax evasion scheme, moneylaundering.com reported. More Australian authorities arrested the suspected administrator of an encrypted mobile phone network known as Ghost alongside dozens of other suspects after authorities in France...