Swiss private bank Julius Baer reports that it has reached a $79.7 million settlement with the U.S. Department of Justice resolving a money-laundering probe involving the Zurich-based world soccer group, Fédération Internationale de Football Association (FIFA). The U.S. settlement follows actions by the Swiss financial services regulator to close its case against the bank. Justice… Read More >>
Firms Need Multi-Disciplinary & Complex IT Responses to Sanctions
World events are hitting home for financial services firms as the Obama and Trump administrations have been steadily issuing a growing list of complex economic sanctions against countries that have been hotspots across the globe, including Venezuela, North Korea, Cuba, Iran, Ukraine, Russia, and Syria. These sanctions are compelling firms to formulate multi-disciplinary responses and… Read More >>
