HSBC discovery of a ML network

HSBC discovered a suspected money laundering network that received $4.2bn (£3bn) worth of payments, it has emerged, raising questions over whether it disclosed the information to US monitors who at the time…

Swiss prosecutors drop Russian ML inquiry

The OAG said it was dropping its inquiry into whether Russian officials defrauded tax authorities and laundered the proceeds through Swiss banks, as alleged by businessman Bill Browder’s investment fund Hermitage Capital…