Tag: Financial Information Unit (UIF)

• Monday, June 8th 2015 - 07:36 UTC

  Argentine financial watchdog claims banks actively collude to take money out of the country

  

  Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12.