Author: Viktor Immel

The case FINMA recently published its Annual Report for 2022.  Quote: “Combatting money laundering is one of FINMA’s core tasks. As part of its money laundering supervision activity in the year under review, it has also...

The case Cracking Down on (international) Third‐Party Intermediaries Used to Evade Russia‐Related Sanctions and Export Controls: “Over the year following Russia’s illegal and unprovoked war against Ukraine, the U.S....

The case “Officially the company performs “a deep search across the internet for all information – whether it be an article, a blog, social media posts or even a mistaken identity”. It then endeavours, on behalf of its...

The case Quote: “In considering what the medium and long-term targets should be … the task force has focused on intermediary networks, procurement networks, and money laundering networks.” Source: WSJ  The...

The case The Swiss financial center has not been unscathed by various money-laundering scandals. Numerous cases have clearly shown that a bank’s compliance framework must keep up with risk appetite. Among other things, the...