Why Dirty Money Still Plagues SwitzerlandGuest Post
As the Swiss parliament debates a beefed-up anti-money laundering law that has been hailed as exemplary by the World Bank, new scandals involving frozen assets have revealed the flaws in anti-money laundering regulation.
Known as the law on the freezing and restitution of illicitly acquired assets of foreign politically exposed persons, the new regulation aims to prove to the world that Switzerland is no longer the banker of choice for foreign despots.
The list of despots whose assets have tarnished the reputation of Switzerland and its banks has . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat