UBS Reaches Settlement in Long-Standing Credit Suisse Case in the Netherlands

fakti.bg

Lean Left

Factuality

Ownership

Swiss banking group UBS has agreed with the Dutch public prosecutor's office to pay a fine of $5 million. EUR in an investigation against Credit Suisse for assisting clients in evading funds from the tax authorities. UBS acquired Credit Suisse in 2023 The case concerns actions of Credit Suisse between 2005 and 2015. According to the Dutch public prosecutor's office, the bank was complicit in the filing of 80 false tax returns by 12 customers who…

NOS

Lean Right

Factuality

Ownership

Dutch customers of the bank were able to save for years without the tax authorities knowing.

NRC Handelsblad

Lean Left

Factuality

Ownership

The Dutch Public Prosecution Service has reached a settlement with the Swiss bank UBS, whereby the bank pays a fine of 5 million euros. According to the Public Prosecution Service…

Reformatorisch Dagblad

Nieuws.nl

View article

Reposted by

Nieuws.nl

Right

Factuality

Ownership

The Swiss bank UBS has been fined 5 million euros by the Dutch Public Prosecution Service (OM). According to the OM, Credit Suisse, which was acquired by UBS in 2023, was guilty of aiding tax evaders for years.