30 tuoreinta uutista

Denmark: Whistleblower directs heavy criticism against Danske Bank

20.11.2018
Howard Wilkinson, whistleblower in the case related to Danish bank Danske Bank's operations in Estonia, directed heavy criticism at both the bank and the Danish Financial Supervisory Authority...

UK: Travel Insurance Facilities faces investigation for negligence and fraud

20.11.2018
Travel Insurance Facilities, the firm behind Boots travel insurance, is being investigated for fraud and medical negligence. The Financial Conduct Authority is investigating the business, which...

UK: Consumers warned over Black Friday 'bargains'

20.11.2018
Consumers have been warned that many Black Friday bargains may not be as good as they seem. Consumer group Which looked at the prices of 100 goods before and after Black Friday last year. Which said...

Denmark: Nykredit changes its stance regarding Nordea dividend tax scheme

19.11.2018
Danish newspaper Børsen reports that Danish financial services provider Nykredit has changed its stance regarding the DKK 17bn (EUR 2.28bn USD 2.63bn) fund which it managed on behalf of Nordea Bank...

Denmark: Danske Bank Interim CEO at a hearing in the Danish Parliament

19.11.2018
Jesper Nielsen, Interim CEO and Head of Banking at Danske Bank in Denmark, spoke at a hearing in the Danish Parliament on 19 November 2018 in connection to the bank's money laundering case in its...

Sweden: CumEx scheme confirmed in Sweden

19.11.2018
The CumEx tax scheme, which has recently been reported about across Europe, has also now been identified in Sweden. The Swedish Tax Agency has examined past decisions related to the scheme and...

UK: TalkTalk hackers sentenced to jail

19.11.2018
Jail sentences have been given to two hackers involved in the GBP 77mn (EUR 87.49mn USD 100.92mn) cyber attack on TalkTalk back in 2015. The attack compromised the financial information up to 157,000...

Russia: Rozhdestvenskaya Apteka pharmacies chain stops its work

19.11.2018
In Krasnodar (South), the court stopped the work of Rozhdestvenskaya Apteka pharmacies chain (17 pharmacies) and revoked the license for pharmaceutical activities from its owner, Sarkis Petrosyan....

Germany: Cum-cum transactions to have significant impact on treasury

19.11.2018
The German financial market regulator Bafin has confirmed that, according to current knowledge, 60 financial institutions in Germany were involved in so-called cum-cum stock transactions. The...

Netherlands: Authority will appeal against licence for Tata Steel

19.11.2018
The Dutch environmental and transport authority Inspectie Leefomgeving en Transport will appeal against the environmental licence issued by the province Noord-Holland to the Indian steel company Tata...

UK: Amnesty contributed to the death veteran researcher

19.11.2018
Amnesty International contributed to the death of an employee, according to an independent review. Gaetan Mootoo, who worked for the charity's London-based international secretariat, committed...

Finland: FIN-FSA wants to amend legislation on administrative sanctions

19.11.2018
Financial Supervisory Authority (FIN-FSA) of Finland proposes that financial sanctions will be extended to cover insurance sector entities and central bodies of deposit banks more extensively than at...

Russia: Share of illegal tobacco products grows up to 8.4%

19.11.2018
According to Nielsen, the share of illegal cigarettes on the Russian market for tobacco grew up to 8.4% in June-August 2018, against 4.5% in the same period of 2017. By the extrapolation of the...

UK: Students targeted by scammers with bogus tax refund emails

17.11.2018
HM Revenue and Customs (HMRC) has received thousands of reports of university students being targeted by scammers over the past few weeks. Criminals have been sending students fake tax refund emails...

Germany: Cartel investigation will have effect on Hieseinger pay-off

17.11.2018
The cartel investigation into German steel company Thyssen-Krupp is likely to have an impact on the pay-off of its departing CEO, Heinrich Hiesinger. This is despite the company saying that the...

Romania: Financial institutions targeted by cyber-attackers

17.11.2018
According to the National Cyberint Centre in Romania, the banking system in Romania was between June and August 2018 the target of a number of complex APT-type cyber attacks of eastern origin known...

Czech Republic: Senate votes to eliminate PM Babis

16.11.2018
Czech Republic's recently set-up Senate met on 15 November 2018 to vote on a resolution that is seeking to force Prime Minister Andrej Babis to resign. The resolution comes after it has surfaced that...

UK: Former head of London school to repay unlawful bonuses

16.11.2018
Alan Davies, the former head of Copland Community School in Wembley, London, has been ordered to repay GBP 1.40mn (EUR 1.59mn USD 1.83mn) after breaching his fiduciary duty. Davies, who was convicted...

France: Court to give verdict on UBS tax evasion case in February 2019

16.11.2018
In the ongoing tax evasion process against the Swiss bank UBS in Paris, the responsible court in France has announced that it will give a verdict on 20 February 2019. UBS and some of its employees...

Germany: Court rules against Lila Bäcker in dismissals dispute

16.11.2018
The labour court of Neubrandenburg, Germany, has made a first judgement in the dispute over job cuts in the German bakery chain Unser Heimatbäcker, which operates under the brand Lila Bäcker. Under...

Estonia: Almost all of Versobank's guaranteed deposits reimbursed

15.11.2018
The Estonian Guarantee Fund has compensated altogether EUR 90.2mn worth of deposits to customers of Versobank, which was under liquidation, BNS reported. Versobank's assets of EUR 92.7mn exceeded the...

Slovakia: Signature on TV Markiza promissory notes not genuine

15.11.2018
An assessment conducted by the National Crime Agency (NAKA) aimed at establishing the legitimacy of the signature of TV Markiza's former head on four promissory notes dating back to 2000 has found...

Russia: Products of Kurskoe Moloko regarded as adulterated

15.11.2018
The tests, conducted by the Federal Service for Supervision of Consumer Rights Protection and Human Well-Being, found vegetable fats in butter, curd, and sour cream, produced by Kurskoe Moloko...

Russia: Cheese of Syrnaya Dolina recognised as adulterated

15.11.2018
The Federal Service for Supervision of Consumer Rights Protection and Human Well-Being of Krasnoyarsk region (Siberia) found vegetable fats in Dutch cheese, produced by Syrnaya Dolina in Kursk region...

Russia: Country may introduce marking of pipes, air-parts, auto parts

15.11.2018
According to Deputy Minister of Industry and Trade Viktor Evtukhov, it is necessary to introduce marking of pipes and spare parts for aircraft and automobiles in order to fight counterfeiting....

Finland/Sweden: Ahlstrom-Munksjö's security fibres improve product traceability

15.11.2018
Finnish-Swedish fibre-based materials supplier Ahlstrom-Munksjö's technology registered under the label BE SECURE TM offers a solution to the counterfeit challenge within the abrasive backings...

Bosnia: Legal sales of cigarettes drop due to higher excise/grey market

14.11.2018
Bosnian news portal klix.ba has reported that due to the higher excise charges on cigarettes and the grey market, legal sales of products have reached their lowest levels in the country. Country's...

Latvia: Lielvarde ex-mayor ordered to pay EUR 600,000 in state fees

13.11.2018
A district court in Latvia has declared a EUR 200mn promissory note signed in 2015 by Janis Abolins, then mayor of Lielvarde, invalid. Mr Abolins signed the promissory note on behalf of the...

Russia: CBR on industries with highest demand for illegal financial services

12.11.2018
The Central Bank of Russia (CBR) has unveiled a survey on industries which most often use services of the shadow financial market. In the first half of 2018, the construction industry accounted for...

Germany: Courts support claimants in truck cartel case

7.11.2018
The German district court of Hannover and Stuttgart have supported the view of claimants in the ongoing truck cartel case. In both cases these are basic statements about culpability. The courts did...