Tag: Anti-Money-Laundering Framework of Switzerland

• Thursday, June 18th 2015 - 05:01 UTC

  Switzerland pulling the noose: evidence of 53 FIFA suspicious banking reports

  

  Swiss authorities say they have evidence of 53 suspicious FIFA-linked banking relations reported by Swiss banks. Under the Anti-Money-Laundering Framework of Switzerland, banks are required to report any suspicious activity that happens within their accounts. Some of the 53 suspicious reports are among 104 banking relations already known by the investigators.