Swiss regulator fines Coutts $6.6m for role in 1MDB scandal

Added 3rd February 2017

Switzerland's financial regulator has fined Coutts & Co, which counts the Queen among its clients, for violating money-laundering rules and illegally profiting from transactions associated with 1Malaysia Development Bhd (1MDB).

Swiss regulator fines Coutts $6.6m for role in 1MDB scandal

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