Swiss financial watchdog FINMA sanctions Coutts for 1MDB breaches

ZURICH, Feb 2 (Reuters) - Swiss financial markets watchdog FINMA sanctioned private bank Coutts & Co Ltd for breaching money laundering regulations in its business relationships with Malaysia's scandal-tainted sovereign wealth fund 1MDB. [Source]

Publication Date: Thursday, 2 February 2017 at 10:19:52

Origin: reuters.com

Category: financialsSector

Topics: Coutts, financial, Swiss, wealth, sovereign, scandal-tainted, with Malaysia's, relationships, business, regulations, laundering, breaching money, private, sanctioned, watchdog FINMA, markets, (Reuters), ZURICH, breaches, sanctions, FINMA, watchdog

Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/7icWD6vV_JI/rbs-coutts-finma-idUSFWN1FN09T

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