Financial Crime Financial Crime

Comment: Credit Suisse’s hefty ‘tuna bonds’ bill warns banks of regulators’ long reach

By Martin Coyle and Richard Vanderford
  • 20 Oct 2021 08:55
  • 20 Oct 2021 08:55
Credit Suisse’s thumping hit for serious financial-crime failings warns banks of the risks in doing business in parts of the world dogged by corruption. The penalty also illustrates the long reach that US prosecutors have, even without using the country’s foreign bribery laws.
The Swiss lender was told yesterday to

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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