Swiss Economicblogs.org
Investec Switzerland. Switzerland’s top financial regulator warned the risk of money-laundering has risen in Switzerland in recent years as the watchdog said it’s preparing to penalize six Swiss banks over their ties to alleged corruption in Malaysia and Brazil. BSI Bank’s office in Lugano, Switzerland – Source: Facebook – BSIbank Widening corruption scandals at 1Malaysia Development Berhad and Brazilian oil producer Petroleo Brasileiro SA have prompted the regulator to...
Read More »Regulator set to penalise Swiss banks over ties to alleged corruption in Malaysia and Brazil
