Swiss authorities have frozen millions of dollars linked to a state-run Malaysia investment fund engulfed by the biggest financial scandal in the country’s history. Swiss authorities probing alleged corruption at Malaysia’s state investment fund have frozen funds worth tens of millions of dollars.  The Office of the Attorney General has frozen the money held in […]

The number of cases reported to the Swiss Money Laundering Reporting Office (MROS) last year rose by almost a quarter, largely due to increased awareness by financial intermediaries, it has revealed. In 2014, 1,753 suspicious activity reports (SAR) were filed to the MROS, an increase of 24% compared with the previous year and the highest […]