The Swiss financial watchdog ordered Zurich-based Falcon, owned by Abu Dhabi’s International Petroleum Investment Co (Ipic), to turn over 2.5 million Swiss francs (£2.06 million) in what the watchdog said were illegal profits.
It also said it has opened enforcement proceedings against two former Falcon executives, without citing them by name.
The news comes as Singapore directed Falcon to cease operations in the city-state and fined top local lender DBS Bank and UBS AG over lapses in its biggest crackdown on entities dealing with 1MDB.