NYSDFS Secures $50 Million Penalty from Swedbank for Withholding Information from Investigators

One of the biggest breaches of 2016 was the Panama Papers leak. The law firm at the heart of it, Mossack Fonseca, closed its doors in 2018, unable to recover from all the damage. But while the law firm folded, investigations continued. The New York Department of Financial Services announced that it has settled charges... Source