Swiss Regulator To Focus on AML, Insurers' Capital Levels

Law360, London (November 19, 2020, 3:16 PM GMT) -- Switzerland's financial watchdog has said it will focus on money laundering in online services and ensure that insurance companies have sufficient reserves of capital as it set out its goals for the next four years.

The Financial Market Supervisory Authority said on Wednesday that it also aims to enhance its capital and liquidity stress-testing regime and complete regulatory projects such as restructuring procedures for insurance companies.

"FINMA will strive to ensure that the effects of the coronavirus crisis do not jeopardize financial stability by identifying and addressing problems at particular institutions quickly and proactively working with other institutions that might be affected,"...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!