Trial UBS : before the hearing, of the ultimate attempts of negotiations

On June 15, 2016, after almost four years of training, during which he has had custody and had to pay an amount of 150 000 euro deposit, Patrick de Fayet, at the age of 60 years, finally gave in. Las investigation the stakes are high and the risk of criminal obvious, the former number two of the French subsidiary of UBS, are under investigation for ” complicity in the selling bank illegal “, prefers to be directed towards a court appearance with prior recognition of guilt (CRPC). The equivalent of a “plea-bargain” negotiated with the prosecutors, and of the instruction, which allows, if the agreement is approved by a judge, to avoid a long trial, or even two in the event of an appeal.

Throughout the statement, Mr. de Fayet was, however, strongly disputed the facts of which he was accused. In a letter received by the magistrates on June 24, 2016, he indicated that he wanted to move towards a route transactional, recognizing it as the same have organised “in conjunction with his counterparts at UBS AG, promotional events funded by [the house mother]” and had participated ” in an operation of investment, concealment or conversion of the direct or indirect proceeds of a crime or an offence “, between 2004 and 2009.

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