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Midweek Roundup: Ex-ICBC Bankers Allegedly Dodged Compliance Controls in Spain, Brexit Threatens 40,000 UK Banking Jobs, and More
printFormer bankers at the Madrid branch of Industrial and Commercial Bank of China allegedly helped Chinese clients in Spain to transfer tax fraud profits to China by accepting forged documents that concealed their source of funds and by failing to report suspicious transactions, police said in court documents cited by Reuters. More and More A spokesperson for U.K. Prime Minister Theresa May confirmed that free movement of EU citizens to the nation will end when Great Britain leaves the bloc in March 2019, the Evening Standard reported. More The head of the U.K. Parliament's Treasury select committee called on the...
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