Jun 18, 12:30 PM

HSBC Switzerland Breaches Anti-Money Laundering Rules, Says Finma

HSBC's Swiss private banking subsidiary, HSBC Switzerland, has been found to have breached anti-money laundering rules, according to Switzerland’s banking regulator, Finma. The regulator stated that HSBC Switzerland failed to carry out adequate checks on high-risk accounts, which is a violation of the country's money-laundering regulations.

#HSBC #Swiss #HSBC Switzerland #Switzerland #Finma

Written with ChatGPT (GPT-4o).

Sources

Reuters@Reuters
2 years ago
HSBC Switzerland breached money-laundering rules, says Swiss watchdog https://t.co/ZQ37sin9FM https://t.co/ZfH58uFC4q
Finance News@ftfinancenews
2 years ago
Swiss regulator finds HSBC violated money laundering rules https://t.co/KIcmbcPiYB
Reuters Business@ReutersBiz
2 years ago
HSBC Switzerland breached money-laundering rules, says Swiss watchdog https://t.co/SEgCYE0A0Y https://t.co/tApRGQNtZV

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HSBC Switzerland Breaches Anti-Money Laundering Rules, Says Finma

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