Home » Swiss Seize $15M From Bank For ‘Serious’ Market Violations – Law360

Swiss Seize $15M From Bank For ‘Serious’ Market Violations – Law360

Swiss Seize M From Bank For ‘Serious’ Market Violations – Law360

By Joel Poultney (September 17, 2024, 12:54 PM BST) — The Swiss financial markets regulator said Tuesday it has seized 12.7 million Swiss francs ($15 million) from Mirabaud & Cie SA after it ruled that the private bank had “seriously violated” the law and breached its anti-money-laundering obligations….

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