FINMA Announces Rothschild Bank Broke Anti-Money Laundering Rules over 1MDB Fiasco

Posted on 07/20/2018


The Rothschild Bank AG and one of its units called Rothschild Trust (Schweiz) AG got slapped with serious violations of anti-money laundering in regard to the 1MDB scandal. Switzerland’s financial regulator FINMA has closed the probe into Rothschild Bank and will review the steps the bank will conduct to tighten up its procedures. Rothschild Bank […]