Swiss Govt Sanctions on Viktor Yanukovych & Ukraine Persons – Feb 2014

  The Swiss Federal Council has decided to block all assets of Viktor Yanukovych and his entourage might have in Switzerland. The corresponding ordinance enters into force on Friday 28 February, 2014. In taking this measure, the Federal Council wishes to avoid any risk of misappropriation of Ukrainian state assets. […] Continue Reading »

Financial Action Task Force – FATF – Members

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.  The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to […] Continue Reading »

Switzerland – Know Your Customer (KYC) Rules

    Switzerland is a major international financial center. Reporting indicates that criminals attempt to launder illegal proceeds in Switzerland from a wide range of criminal activities conducted worldwide. These illegal activities include, but are not limited to, financial crimes, narcotics trafficking, arms trafficking, organized crime, terrorist financing and corruption. […] Continue Reading »