Credit Suisse ex-compliance head fined CHF100,000 for failure to report in 'Tuna bonds' affair

Lara Warner, former head of risk and compliance at Credit Suisse has been fine CHF100,000 (US$113,225) by the Swiss Federal Department of Finance over failure to report suspicious activity around loan financing by the bank ostensibly to for projects to develop Mozambique's fishing industry and maritime security.

Lara Warner, former head of risk and compliance at Credit Suisse has been fine CHF100,000 (US$113,225) by the Swiss Federal Department of Finance over failure to report suspicious activity around loan financing by the bank ostensibly to for projects to develop Mozambique's fishing industry and maritime security.