Tag: Swiss
Swiss National Bank Preps Wholesale CBDC Test
Switzerland’s central bank is reportedly planning to issue a wholesale digital currency.
The project will happen on the country’s SIX digital exchange, Swiss National Bank Chairman Thomas Jordan said Monday...
Swiss Parliament Rejects Credit Suisse Rescue Package
The Swiss lower house of parliament voted overwhelmingly on Wednesday against the 100 billion Swiss francs (roughly $110 billion or €100 billion) rescue package...
Banks Accused Of Scheme To Rig Swiss Franc Settle Libor Suit
Credit Suisse, Deutsche Bank, and NatWest agreed to settle an antitrust litigation over an interest rate manipulation for a combined $47.75 million, Bloomberg reported.
The case...
Swiss Antitrust Regulator Clears Valora’s Gas Station Deals
Valora can expand its convenience store network as planned to become the largest in Switzerland in 2023 and significantly strengthen its presence at service...
Swiss Competition Authority Names New Head
The Federal Council appointed Laura Melusine Baudenbacher President of the Competition Commission. As of January 1, 2023, the lawyer, who has a doctorate, will...
Swiss Financial Regulator To Cap Anonymous Crypto Transactions
The Swiss Financial Market Supervisory Authority (FINMA) is extending the scope of its anti-money laundering (AML) ordinance to cover cryptocurrency assets.
The adjusted regulations, which...
