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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...
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Posted: Aug 25 2023, 08:59
Author Name: leaprate
Views: 112562