in ,

Negative Interest Rates Have ‘Detrimental Impact’ on Banks & Customer Behavior: Swiss Regulator

Switzerland’s financial regulator FINMA in its “Risk Monitor 2019” report while talking about the low interest-rate environment, cyber-risks, and market access also covered the risks posed by the cryptocurrency market in its money laundry section. The Swiss financial centre it says has been a wealth management hub which makes it “particularly exposed” to money laundering risks. The Swiss Financial Market Supervisory Authority which is responsible for financial regulation says apart from the traditional money…

What do you think?


nice post