HSBC Holdings Plc’s Swiss private bank is ending relationships with wealthy Middle Eastern clients, including many with assets exceeding $100 million, as the bank seeks to lower its exposure to ...

The EFCC has intensified scrutiny of politically exposed persons suspected of falsely declaring assets to evade investigation ...

The Economic and Financial Crimes Commission says it has uncovered a new tactic by some politicians to legitimise ill-gotten ...

OK, here's a great thing. Under current banking regulations, after all the reforms of the last 20 years, there's now a category called a "politically exposed person," PEP.

Malta’s courts handle plenty of cases every day. Some make headlines, some don’t. One that did make it to the newsreels this week was a sexual harassment case, where the ...

For saying unacceptable things. Under current banking regulations, after all the reforms of the last 20 years, there’s now a category called a politically exposed person, PEP.

HSBC’s Swiss private banking division is under serious scrutiny as local and French authorities launch investigations into possible money laundering. The bank has acknowledged that these ...

The review of rules on politically exposed persons, or PEPs, is part of a wider look at "debanking", a hot topic since private bank Coutts closed the accounts of Nigel Farage, who now leads the ...

FINMA, the Swiss financial watchdog, said on Tuesday that the local HSBC branch has breached its obligations in the prevention of money laundering in connection with two politically exposed ...