UBS pays EUR 5 million to settle Dutch probe into former Credit Suisse clients’ tax returns
UBS•Settlement with Dutch prosecutors
UBS reached a settlement with the Dutch Public Prosecution Service over a legacy probe into former Credit Suisse.
The case involved alleged criminal liability tied to inaccurate Dutch tax returns by 12 former clients from 2005 to 2015.
UBS will pay EUR 5 million to resolve the matter; the agreement does not include an admission of criminal liability.
