Home / Financial Services / Key developments and horizon scanning / Anti-money laundering and counter-terrorist financing (AML/CTF)

Legal News

SocGen, ING win bid to collect €17m amid AML fears

Copyright © 2025 LexisNexis
Published on: 04 July 2019
Published by a Law360 reporter

Article summary

Law 360, London: A Cyprus company owes the French investment bank Societe Generale (SocGen) and an ING subsidiary approximately €17m ($19.2m) in unpaid loans, which were called in amid anti-money laundering concerns in connection with a major Ukrainian steel manufacturer, a London court has ruled.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

2 Checklists
4 News
View More
2 Practice notes
4 Q&As
View More
Powered by Lexis+®

Related documents:

2 Checklists
4 News
View More
2 Practice notes
4 Q&As
View More

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an