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Swiss banks struggle to control money laundering risks

Swiss banks struggle to control money laundering risks
FINMA indicated it conducted this review because, when doing routine inspections, many institutions fell short regarding money-laundering risk analyses. FINMA did not name the banks in question but found the situation problematic as Switzerland is the world’s go-to for wealth management. The authority stated that: FINMA reviewed risk analyses of over 30 banks in spring […] The post Swiss banks struggle to control money laundering risks appeared first on LeapRate... Read More
Posted: Aug 25 2023, 08:59
Author Name: leaprate
Views: 112562

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