News and Announcements

Swiss watchdog seizes £11m from Mirabaud in laundering case

By Frank Prenesti

Date: Tuesday 17 Sep 2024

(Sharecast News) - Switzerland's financial market regulator on Tuesday said it had confiscated 12.7 million Swiss francs (£11.36m) from private bank Mirabaud for breaches of financial market law and money-laundering obligations.
FINMA said Mirabaud had not made sufficient checks on customer relationships and transactions linked to a now deceased businessman who...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page