by AdrianaAMLP | Mar 25, 2024
Banque Audi (Suisse) SA belongs to a large Lebanese banking group that FINMA reviewed during an on-site inspection in 2021. Money laundering risks emanating from client relationships with politically exposed persons from several countries were identified.
by AdrianaAMLP | Dec 19, 2023
Analyses the development of Credit Suisse between 2008 and 2023 with regard to its strategy, business performance, management decisions, risk management and preparation for crises.
by AdrianaAMLP | Nov 3, 2023
Switzerland has made progress in addressing the technical compliance deficiencies identified in the MER with respect to Recommendation 10 and Recommendation 40 and is re-rated to Largely Compliant on both measures.
by Jyotsna Bucktowar | Aug 24, 2023
FINMA has repeatedly identified shortcomings in the area of the money laundering risk analysis during on-site supervisory reviews. This prompted it to conduct an in-depth review of the money laundering risk analyses of more than thirty banks in spring...
by AdrianaAMLP | Mar 26, 2023
Credit Suisse could face a probe and disciplinary action over how top managers ran the bank in the run-up to its collapse and takeover by UBS. Marlene Amstad, president of the Swiss regulator Finma, told the newspaper NZZ am Sonntag, according to...
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