UBS Fined €6 Million by Monaco Over Repeated Dirty Money Failures
UBS Group AG was fined €6 million ($7 million) in Monaco over weak anti-money laundering controls, including filing a report 253 days after a suspicious transaction.
By Gaspard Sebag, Harry Wilson · Bloomberg Markets
UBS Group AG was fined €6 million ($7 million) in Monaco over weak anti-money laundering controls, including filing a report 253 days after a suspicious transaction.