Banks & Banking
Reports flow into Swiss money laundering authorities regarding possible Hamas financing attempts What role does Switzerland’s financial sector play in financing Hamas terrorism? Officials have thus far received numerous reports of suspicious activity, without publicly confirming any specific cases. But authorities are on high alert.
(Neue Zürcher Zeitung) Last November, in the wake of Hamas’ attack on Israel, the Swiss federal police’s Money Laundering Reporting Office Switzerland (MROS) issued a warning to Swiss financial intermediaries including banks, insurance companies, asset managers and payment service providers. The warning […]