Swiss Bank That Ignored Compliance Officer's Advice Hit With $10.7M Penalty
Published on: Monday 05 August 2019
The U.S. Department of Justice announced Monday it has reached a resolution and non-prosecution agreement with Zurich-based LLB Verwaltung (Switzerland) AG over allegedly hiding foreign assets from U.S. tax authorities.
News source: https://www.law.com/corpcounsel/2019/08/05/swiss-bank-that-ignored-compliance-officers-advice-hit-with-10-7m-penalty/
