Financial Crime Financial Crime

UBS appeals French EUR1.8 billion tax evasion, money laundering ruling

By Phoebe Seers
  • 21 Dec 2021 05:47
  • 21 Dec 2021 05:47
UBS has appealed a decision to fine it 1.8 billion euros ($2 billion) for money laundering and tax evasion at France’s highest court.

The Swiss bank said yesterday it had filed its notice of appeal to the French Supreme Court within the five-day period prescribed by French law — though it

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News