(Bloomberg) -- Falcon has already voluntarily submitted documents to the Swiss Attorney-General’s office and will continue to cooperate, the bank says in an emailed statement, declining to comment further. * Earlier, Switzerland’s attorney-general opened criminal proceedings against Falcon Private Bank based on investigations in the 1MDB case and on Finma’s enforcement action against the bank. * Falcon is “suspected of not taking all the reasonable organisational measures that are required to prevent natural persons from committing offences, in particular money laundering or corruption offences,” Swiss A-G’s office said in emailed statement today * Note y’day: Switzerland, Singapore Target UBS, Falcon Bank in 1MDB Crackdown
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