The leaked documents come from FinCEN, which falls under the US Treasury Department and deals with international financial crime. More than four hundred independent journalists from more than eighty countries worked on their analysis. The British BBC likened the meaning of “FinCen Files” to the so-called Panama Documents, a 2016 scandal involving the Panamanian company … Read more
The main shareholder PFNonwovens Holding announced that it will buy additional shares of the Znojmo nonwovens manufacturer PFNonwovens, thus increasing its total stake in the company by more than ninety percent. This will allow him to start the process of crowding out small shareholders. “The company will submit to the CNB a request for approval … Read more
Some banks charge hundreds of thousands of fees for early mortgage repayments. Others only a few crowns. The reason is the different interpretation of the Consumer Credit Act. Although this issue is much being addressed between the banks and the Czech National Bank, the discussion is still without clear rules. And so more and more … Read more