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Credit Suisse Censured By FINMA For Lax Anti-Money Laundering Processes

September 17, 2018
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Credit Suisse Censured By FINMA For Lax Anti-Money Laundering Processes

September 17, 2018
Credit Suisse has been censured by FINMA, the Swiss financial supervisor, for weak anti-money laundering processes, reported Financial Times. According to the report, the government watchdog found weaknesses at Credit Suisse in several corruption scandals, such as the ones surrounding FIFA (the world football association), Petrobras (the Brazilian oil company) and PDVSA (the Venezuelan oil […]