Credit Suisse to pay $475 million in Mozambique bribery scandal

The Swiss banking company had been accused of “serious” failings in its financial crime controls by the UK’s Financial Conduct Authority (FCA), and has entered into a deferred prosecution agreement with the US Department of Justice that will put the bank under heavy monitoring for three years after having “defrauded US and international investors”.

https://fcced.com/credit-suisse-to-pay-fine-mozambique-bribery-2511212327/

@auraxchan