Featured Liechtenstein

Hugo Chavez’s ex-nurse indicted in US for money laundering

AP – Hugo Chávez’s former nurse has been charged with money laundering in a Miami federal court, accused of taking bribes from a billionaire media mogul to green light lucrative currency transactions when she served as Venezuela’s national treasurer. Claudia Díaz and her husband, Adrían Velasquez, were accused of… Read More

Switzerland’s PDVSA rinsing problem

Swiss banks first surfaced as handlers of illicit Venezuelan oil money in 2016, when U.S. Attorney Preet Bharara sought records from more than 18 of them on of bribery at PDVSA, a state-owned oil and natural gas company. Precisely two weeks later, Switzerland’s financial regulator built its annual meeting… Read More

Agent is charged after Kevin De Bruyne complaint

The agent of Kevin De Bruyne has been charged by Belgian police after a formal complaint from the Manchester City superstar. Belgian authorities confirmed last night that the charges against Patrick De Koster relate to a commission involved in a transfer that featured De Bruyne. Earlier reports in Belgium claimed… Read More
5th August 2020
When Spain’s royal palace announced Monday that former Spanish King Juan Carlos was leaving the country, it omitted a key detail. Where exactly had he gone? On Monday, several media outlets reported the former king had traveled to the Portuguese town of Cascais, where he spent parts of… Read More
4th August 2020
AP — It was 2014 and Venezuela’s former treasurer Claudia Díaz was looking for a safe haven to store the unexplained wealth she had accumulated over the years. Then-president Hugo Chávez, who she once served as a nurse, had recently died and with the election of Nicolás Maduro, the nation’s… Read More
6th November 2017
By Francesco Guarascio, REUTERS European Union states will on Tuesday discuss plans for a tax havens’ blacklist, officials said, in a bid to tackle offshore tax avoidance after leaked documents revealed investments by wealthy individuals and institutions around the globe. The subject’s inclusion on the monthly meeting’s agenda of EU… Read More
29th November 2016
Hackers have days ago breached a Liechtenstein bank and are allegedly blackmailing customers by threatening to release their account data if ransoms are not paid. Read More
28th April 2016
The FMA must increasingly deal with new financial technologies. Along with more detailed and more extensive regulations and specialized business models of new market participants, supervisory work is becoming more and more complex. Read More