Switzerland No Paradise For Criminals, Say Bankers


A delegation of top Swiss bankers gave a series of briefings in London in June to defend the record of their industry on bank regulation, money laundering and tax evasion.

Professor Niklaus Blattner, CEO of the Swiss Bankers Association, denied that Switzerland was "an unregulated paradise for criminals and tax fraudsters".

He stressed that as a G10 member of the Basel Committee on Banking Supervision, and founding member of the Financial Action Task Force on money laundering, Switzerland’s

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