Credit Suisse found guilty in cocaine cash laundering case
Credit Suisse CSGN.S was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first ...
Global dirty money watchdog removes Malta from its grey list
The world’s money laundering and terrorist financing watchdog (FATF) said on Friday that Malta was no longer subject to its increased monitoring process, a decision welcomed by the Mediterranean ...
Man arrested for drugs, money laundering
Limassol police late on Tuesday arrested a 38-year-old man, who was a passenger in a car they stopped for traffic offences, on suspicion of money laundering and drug possession.
The ...
Central Bank fines BoC €790,000 over AML violations
The Central Bank of Cyprus (CBC) has slapped a €790,000 fine on Bank of Cyprus for the latter’s violation of certain provisions of the law relating to money laundering.
In ...
Man arrested for money laundering following European warrant
Police on Friday said they arrested a 44-year-old Famagusta resident based on a European warrant issued for employee theft and money laundering.
The crime was reported to the police on ...