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NEWS: UK’s FCA bans ex-Credit Suisse VP Detelina Subeva after US money laundering conviction

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FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in Bern

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ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000.

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CONFIRMED: FATF adds British Virgin Islands, Bolivia to AML ‘grey list’

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NEWS: VAT fraud among EU crime-fighting priorities for next 4 years

By PAUL O’DONOGHUE, Senior Correspondent

THE Financial Conduct Authority (FCA) has banned Detelina Subeva from working in UK financial services after a US court convicted her of money laundering.

Subeva, a former vice president at Credit Suisse, is the third ex-employee from the bank banned by the FCA due to a “lack of integrity”. US prosecutors secured convictions against three former Credit Suisse executives for their roles in corrupt loans to the Republic of Mozambique.

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Premium

ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000.

 Premium

CONFIRMED: FATF adds British Virgin Islands, Bolivia to AML ‘grey list’

 Premium

NEWS: VAT fraud among EU crime-fighting priorities for next 4 years

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