Finma
Swiss watchdog raps Credit Suisse for money laundering failures
Investigations into Fifa and Brazilian and Venezuelan oil companies revealed ‘deficiencies’
Fake cryptocurrency shut down
Switzerland’s financial regulator has shut down three companies for conning millions of francs out of hundreds of investors by selling a fake cryptocurrency and says it has 11 similar companies in its sights.
Luxembourg regulator fines Rothschild over 1MDB failings
Swiss private bank Edmond de Rothschild has been fined nearly €9m (£7.9m, $10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.
Swiss regulator keeps up pressure on UBS in 1MDB investigation
Switzerland’s financial regulator is continuing its money laundering investigation into UBS Group and three other private banks in relation to Malaysian sovereign wealth fund 1MDB.
Swiss regulator fines Coutts $6.6m for role in 1MDB scandal
Switzerland’s financial regulator has fined Coutts & Co, which counts the Queen among its clients, for violating money-laundering rules and illegally profiting from transactions associated with 1Malaysia Development Bhd (1MDB).