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Stock impact report

Swiss law enforcers get tough on cross-border crime [Reuters (UK)]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Reuters
Swiss law enforcers get tough on cross-border crime | Reuters 4 Min Read BERN (Reuters) - Switzerland’s top law enforcer took on 237 new criminal investigations last year, 25 percent more than in 2016, as one of the world’s most secretive financial centers steps up efforts to tackle international crime. Attorney General Michael Lauber, at a press conference on Friday, said his office was also working on 307 requests for mutual assistance from abroad, after getting nearly 200 new requests in 2017, many for help on complex, cross-border cases involving bribery, money laundering and potential extremism. While he said his 234-person staff is “nearing its limits” with the present caseload, Lauber encouraged other countries to reach out to Switzerland for assistance as he seeks to undo Switzerland’s reputation as a place to hide illicit money in the country’s famed banks - and return it to its rightful owners. Lauber’s 40-page report on Friday included details about high-profile cases lawye Show less Read more
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