30 tuoreinta uutista

Denmark: Danske Bank proposes protection of board members

24.2.2020
Danske Bank in Denmark has proposed that current and former members of the board of directors and the executive management be freed from the responsibility regarding cases related to money...

Denmark: Danish pension companies drop investments in Cayman Islands

24.2.2020
Eleven Danish pension companies have announce that they will no longer be investing money in Cayman Islands after the EU announced recently that it has added the Cayman Islands to its tax havens...

Denmark: ATP not to divest investments in Cayman Islands

24.2.2020
Danish pension company ATP is not planning to divest its investments worth DKK 24bn (EUR 3.21bn USD 3.71bn) in the Cayman Islands although the EU last week added the Cayman Islands to its tax havens...

Spain: Illegal wood trade is growing

23.2.2020
The illegal wood trade is growing in Spain. Illegal wood comes from countries like the Democratic Republic of Congo, Cameroon and Brazil. It enters the country via ports in Algeciras, Galicia and...

Latvia: S&P Global Ratings raises Latvia credit rating to A+

22.2.2020
Credit rating agency S&P Global Ratings has raised its credit rating of Latvia from A to A+, expecting stable future development. This marks the highest rating since 1997, when the country was...

Sweden: LKAB involved in coal trading with oligarch accused of money laundering

22.2.2020
Swedish state-owned mining company LKAB has purchased hundreds of tonnes of coal from the Russian coal trading company Carbo One, even though the latter has been accused of potential money laundering...

Netherlands: Multinationals pay specialist to create doubts about climate change

22.2.2020
According to the organisation Follow The Money, Dutch multinationals paid over EUR 450mn (USD 519.04mn) worth in the former currency the guilder to the anti climate change specialist Frits Böttcher...

Netherlands: Multinationals pay specialist to cause doubts about climate change

22.2.2020
According to the organisation Follow The Money, Dutch multinationals paid over EUR 450mn (USD 519.04mn) worth in the former currency the guilder to the anti climate change specialist Frits Böttcher...

Latvia: Financial Action Task Force opts to not add Latvia to grey list

21.2.2020
The Financial Action Task Force (FATF) has opted to not add Latvia to its grey list, LETA reported. During the FATF plenary meeting in Paris, it was concluded that Latvia has managed to create a...

Lithuania: Police find lab forging IDs of various countries in Vilnius

21.2.2020
Police in the Lithuanian capital, Vilnius, have arrested a man suspected of forging ID and other documents of various countries, BNS reports. The man has been convicted of similar crimes before....

Denmark: Deminor files a complaint against former Danske Bank CEO

21.2.2020
Belgian consultancy company Deminor filed a complaint on 20 February 2020 with a Danish court on behalf of a group of 155 institutional investors seeking damages in the amount DKK 2.70bn (EUR...

Belgium: Orange calls for sale of Voo to be suspended

21.2.2020
Orange Belgium, the Belgian subsidiary of French telecommunications firm Orange, has taken legal action to request the suspension of the sale of Belgium telecommunications operator Voo, and the...

Russia: Over 275,000 violations found in urban engineering sector

21.2.2020
The Prosecutor General's Office found more than 275,000 violations of law in the urban engineering sector in January-October 2019. In 2018, over 300,000 violations were revealed. There is no data for...

France: Ghosn claims retirement pay of EUR 250,000 before labour court

21.2.2020
Carlos Ghosn, the former head of Renault and Nissan, faces Renault to claim a retirement pay of EUR 250,000 (USD 288,358.17) before the labour court in Boulogne-Billancourt (Hauts-de-Seine). The...

Latvia: 11,000 households denied illegal TV content in 2019

21.2.2020
In 2019, 11,000 Latvian households were restricted access to illegal TV content, according to data from the Latvian State Police. The Police conducted a total of 523 audiovisual content legality...

Latvia: EUR 345.98mn frozen by Financial Intelligence Service in 2019

20.2.2020
In 2019, Latvia's Financial Intelligence Service (FID) issued 362 freezing orders or assets, resulting in EUR 345.98mn in possible proceeds of crime being frozen. This marked the largest frozen...

Estonia: Court annuls conviction of four people in Tartu Mill's tax fraud case

20.2.2020
The Estonian Supreme Court has annulled the conviction of four people in a settlement procedure for aiding a tax crime in Estonian grain processing company Tartu Mill and for belonging to a criminal...

Russia: CB estimates volume of unauthorized operations in 2019

20.2.2020
According to the Central Bank, CB, in 2019 fraudsters illegally charged off about RUB 5.70bn (EUR 74.19mn USD 85.57mn) from accounts of individuals, RUB 0.7bn from accounts of legal entities. Seven...

Russia: RUB 6.50bn stolen from bank cards in 2019

20.2.2020
As per estimate made by the Financial Sector Computer Emergency Response Team (FinCERT) of the CBR, about RUB 6.50bn (EUR 84.60mn USD 97.58mn) was stolen from the bank cards in Russia in 2019. Banks...

Denmark: FLSmidth admits to overcharge in Tunisia corruption case

20.2.2020
FLSmidth, a Danish supplier of equipment and services to the cement and minerals industries, has admitted to having paid money under the table in a criminal case in Tunisia. The case stems from a...

Denmark: FSA reports Ecommerce 2020 to police

20.2.2020
The Danish Financial Supervisory Authority (FSA) has reported lending company Ecommerce 2020 for a violation of Danish money laundering laws regarding customers knowledge.
Ecommerce 2020 is...

Denmark: 2,500 Danske Bank clients waiting for compensation

20.2.2020
2,500 of Danske Bank's investment customers are still waiting for the bank to compensate its customers in the so-called Flexinvest Fri scandal in which 87,000 customers were promised compensation....

Germany: Provinces' gambling rules could breach GDPR

20.2.2020
Following the German provinces' agreement to change German gambling laws, allowing online gambling whilst protecting gamblers, there has been criticism of their plans from Peter Schaar,...

Sweden: SEK 30.70mn in severance package for former Swedbank CEO

19.2.2020
Birgitte Bonnesen, former CEO at Swedish bank Swedbank, received a severance package of SEK 30.70mn (EUR 2.94mn USD 3.39mn) when she was dismissed in March 2019 following money laundering charges...

UK: Prison sentences for BT account scammers

19.2.2020
Prison sentences have been given to the members of a criminal gang which infiltrated BT's customer accounts as part of a GBP 358,000 (EUR 406,787.81 USD 469,202.34) fraud. The scammers gained access...

Belgium: BNB speaks of its suspicions about Intégrale

19.2.2020
Following an investigation into the effectiveness of Belgian insurer Intégrale's governance system, the Belgian national bank BNB/NBB has spoken of suspicions of misuse of corporate property, serious...

France: Petition to sack Amber Heard as L'Oréal Spokesperson

19.2.2020
Personal care company L'Oréal's Global Spokesperson and actress Amber Heard is under fire from customers as media coverage continues to spread about her relationship with actor and ex-husband Johnny...

Germany: Customer reviews do not constitute advertising

19.2.2020
The German federal supreme court has ruled that customer reviews on online retail sites and marketplaces do not constitute advertising of the products reviewed. They are protected by the...

Poland: Castorama loses first court battle with trade unions

18.2.2020
First court rulings issued with regards to the dispute between trade unions and the DIY retail chain Castorama are in favour of the Solidarity trade union, as revealed by unionists in the Tygodnik...

Portugal: ASAE seizes eggs for wrong labelling

15.2.2020
The Portuguese food standards agency, Autoridade de Segurança Alimentar e Económica (ASAE), has seized a consignment of 49,680 eggs with a market value of EUR 6,056 (USD 6,985.19), in a packaging...