30 tuoreinta uutista

Germany: Dispute between Bafin and DPR regarding information in Wirecard issue

7.8.2020
In the issue sounding the insolvency of German payment services provider Wirecard, there is some dispute between Bafin, the German federal financial supervisory authority, and Deutsche Prüfstelle für...

Lithuania: Health Minister should carry responsibility for scandals: President

6.8.2020
Lithuanian President Gitanas Nauseda called on the Minister of Health, Aurelijus Veryga, to cut short his vacation, return to work, and provide explanations on a corruption scandal over the...

Spain: Illegal cigarette factory busted in Catalonia

6.8.2020
Spain's Guardia Civil and the Spanish Tax Agency raided an illegal cigarette factory in Catalonia, arresting seven Lithuanian and Polish nationals and seizing EUR 72,640 of cash. The factory at an...

France: Cooperl announces restructuring measures if EUR 35mn fine not appealed

6.8.2020
Pork production cooperative Cooperl and subsidiary Brocéliande ALH were fined EUR 35.53mn (USD 40.98mn) by the French Competition Authority for their involvement in price fixing as part of a ham...

Sweden: ABB Power Grids and Scania under investigation for oil spills

6.8.2020
In June, Hitachi ABB Power Grids experienced a 10,000 litre oil leak at its facilities in Ludvika. The automotive manufacturer Scania also experienced a somewhat smaller oil leak over the summer at...

UK: FCA warns subprime lenders to improve lending practices

6.8.2020
The Financial Conduct Authority (FCA) has published a review of the subprime credit market. The regulator said it was worried about lenders encouraging customers to take on more debt than they can...

Russia: 705 counterfeit banknotes found in banks of Krasnodar region

5.8.2020
According to the Central Bank, 705 counterfeit banknotes were found in banks of Krasnodar region, South, in H1 2020. There were 368 RUB 5,000, 235 RUB 1,000, 42 RUB 2,000, 56 RUB 500, and four RUB 50...

Russia: Violation of forest law found in Karachay-Cherkess Republic

5.8.2020
Employees of WWF Russia have filed a complaint with the Forestry Department about violation of forest regulations in the Karachay-Cherkess Republic, North Caucasus. Healthy trees on two woodlots of...

Ukraine: Court rejects Philip Morris structures' claim for AMCU fine

5.8.2020
The Economic Court of Kyiv has rejected the claim of the Philip Morris structures (Philip Morris Ukraine) to recognize the fine by the Anti-Monopoly Committee of Ukraine (AMCU) as illegal. Earlier,...

Russia: Court rejects FAS claims against Tatneft and TAIF-NK

5.8.2020
The 11th Commercial Court of Appeal has ruled in favor of a lawsuit by Tatneft and TAIF-NK seeking to recognize claims of the Federal Antimonopoly Service (FAS) as wrongful. As reported by the...

UK: PHE warns over illicit benzodiazepines

5.8.2020
Public Health England (PHE) has warned healthcare providers and drug treatment services about an increase in illicit prescription drugs that have been linked to hospitalisations and deaths. PHE has...

Lithuania: Deputy Health Minister resigns amid coronavirus test scandal

4.8.2020
Lithuania's Deputy Health Minister, Lina Jaruseviciene, resigned from office after she was named a suspect in an investigation into the procurement of rapid coronavirus tests, BNS reported. The...

Lithuania: Government proposes creation of AML competence centre

4.8.2020
The Lithuanian government has presented a plan to establish an anti-money laundering (AML) competence centre, BNS reports. The centre would be funded with contributions from the Bank of Lithuania and...

Lithuania: President demands Health Minister explain procurement scandal

4.8.2020
Lithuanian President Gitanas Nauseda demanded that Health Minister Aurelijus Veryga explain his position on a corruption scandal related to the procurement of chemical reagents and rapid coronavirus...

Poland: Border Guard arrests illegal tobacco traders

4.8.2020
It has been reported that the Polish Border Guard made an arrest of seven persons involved in illegal tobacco trade and seized cash worth EUR 60,000 (USD 69,205.96), following recent raids in the...

Russia: Big number of urban planning violations found in Anapa

4.8.2020
The Environmental Watch on North Caucasus has reported detecting a large number of urban planning violations in Anapa of the Krasnodar region, South. Some properties, which were completed with...

Denmark: Rønde Sparekasse receives injuctions from FSA

4.8.2020
Danish bank Rønde Sparekasse has received a number injunctions from the Danish Financial Supervisory Authority regarding its anti-money laundering practices. The Authority has urged the bank to...

Germany: Public prosecutors search BdB offices

4.8.2020
Public prosecutors and tax investigators began searching the offices of Bundesverband deutscher Banken (BdB), a federal association of German banks, in Frankfurt, Germany, on 4 August 2020. It is...

UK: Insurance fraud could increase as lockdown eases

4.8.2020
Insurance fraud could increase as lockdown measures are further eased. Stephen Dalton of the Insurance Fraud Bureau said there was much speculation at present as to what may happen in the next few...

Latvia: Supreme Court ruling in favour of Competition Council in cremation case

4.8.2020
The Latvian Supreme Court has ruled in favour of Latvia's Competition Council in a case against the Riga City Council regarding the Latvian capital's cremation market. The case stemmed from the...

Estonia: Decision on private reproduction compensation appealed to Supreme Court

4.8.2020
In Estonia, nine representative organisations of creative people have appealed the decision of the Tallinn Circuit Court made at the end of June 2020 regarding private reproduction compensation to...

Lithuania: Minister, company reps suspects in coronavirus test probe

3.8.2020
Lithuania's Financial Crime Investigation Service (FNTT) has declared Deputy Health Minister Lina Jaruseviciene and representatives of the Lithuanian biopharmaceutical company, Profarma, as suspects...

Austria: RMB rejects claims of dubious money transaction

3.8.2020
Regionalmanagement Burgenland (RMB) denied media reports on 4 August 2020 about a withdrawal of EUR 1.20mn (USD 1.38mn) from an RMB account at Commerzialbank Mattersburg in mid-July 2020 just before...

Austria: Commerzialbank Mattersburg's falsifications caused EUR 690mn in damages

3.8.2020
The damage caused by the balance sheet falsifications of Austrian regional bank Commerzialbank Mattersburg are greater than expected. In addition, a political tug of war is trying to determine who is...

Estonia: Changes at Freeh Sporkin & Sullivan not to affect contract with Estonia

3.8.2020
Louis Freeh, senior partner at US law firm Freeh Sporkin & Sullivan, which was hired by Estonian Minister of Finance Martin Helme to represent the state in international money laundering cases,...

Hungary: BioTech USA and JLM PowerLine receive fine from GVH

3.8.2020
In Hungary, BioTech USA and JLM PowerLine received a combined HUF 150mn (EUR 461,634 USD 532,464) fine from the local competition watchdog GVH for advertising issues. GVH has found that BioTech USA...

Croatia: State Inspectorate discovers domestic wines from different countries

2.8.2020
Agriculture inspection of the Croatian State Inspectorate has reported that it discovered wine originating from Chile, Italy and Macedonia in the Croatian labelled products. Such wines were found in...

Estonia: Finance Committee to discuss contract with Freeh Sporkin & Sullivan

31.7.2020
The Estonian parliament's Finance Committee will gather in mid-August 2020 to discuss different topics, among others the contract Minister of Finance Martin Helme signed behalf of the Estonian...

Hungary: GVH launches investigation into local tobacco distributor ITI

31.7.2020
The Hungarian competition watchdog GVH has launched an investigation into the local tobacco distributor ITI Hungary Dohanyertekesito. The company has allegedly made false claims regarding the...

Slovakia: Union health insurer saves over EUR 32mn from revision of claims

30.7.2020
In 2020 Slovakia's private health insurer Union saved over EUR 32mn (USD 36.91mn) thanks to revision of insurance claims and unveiling insurance fraud. In the past decade it managed to save this way...