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SNB & CHF

FINMA rügt Bank SYZ wegen Verstössen in der Geldwäschereibekämpfung

Die Eidgenössische Finanzmarktaufsicht FINMA hat in einem Enforcementverfahren festgestellt, dass die Bank SYZ SA gegen die Geldwäschereibestimmungen verstossen hatte. Die Verstösse erfolgten im Kontext einer sehr bedeutenden Geschäftsbeziehung mit einem Kunden aus Angola. Im Februar 2020 eröffnete die FINMA ein Enforcementverfahren gegen die Bank SYZ SA, um Hinweisen auf Verstösse gegen die Geldwäschereibestimmungen nachzugehen. Diese Hinweise betrafen eine sehr...

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Monetary policy assessment of 24 September 2020

Swiss National Bank maintains expansionary monetary policy The coronavirus pandemic continues to exert a strong influence on economic developments. The SNB is therefore maintaining its expansionary monetary policy. In so doing, it aims to cushion the negative impact of the pandemic on economic activity and inflation. The SNB is keepingthe SNB policy rate and interest on sight deposits at the SNB at −0.75%.In view of the fact that the Swiss franc is still highly...

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How the Swiss film industry is coping with the pandemic

Filmmaking doesn’t naturally lend itself to social distancing, meaning the coronavirus is disrupting films worldwide. This is how Swiss directors and the industry have been coping with the situation. After coming to a halt during the first few critical months of the outbreak, the making of the film “Une histoire provisoire” (A temporary story) was recently able to start up again, but under certain conditions. The crew first gathered in Luxembourg to complete the interior...

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Swiss balance of payments and international investment position: Q2 2020

Current Account Key figures: Current Account: Down 52.14% against Q2/2019 to 9.878 bn. CHF of which Goods Trade Balance: Minus 13.55% against Q2/2019 to 15.193 bn. of which the Services Balance: Minus 39.69% to 1.158 bn. of which Investment Income: Minus 70.07% to 3.012 bn. CHF. Current Account Switzerland Q2 2020(see more posts on Switzerland Balance of Payments, Switzerland Capital Account, Switzerland Current Account, Switzerland Financial Account, )...

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Swiss women’s football anniversary

It's the 50th anniversary of the women’s football league in Switzerland, and there's a special exhibition at Zurich's football club to celebrate women's participation in the sport. The first-ever women’s football club was founded in Zurich in 1968. Soon afterwards, other female football clubs began springing up across the country. A national women’s league was formed in 1970 and the first championship took place the same year. The Zurich team was eventually renamed FC Zurich Ladies in...

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Swiss women’s football anniversary

It's the 50th anniversary of the women’s football league in Switzerland, and there's a special exhibition at Zurich's football club to celebrate women's participation in the sport. The first-ever women’s football club was founded in Zurich in 1968. Soon afterwards, other female football clubs began springing up across the country. A national women’s league was formed in 1970 and the first championship took place the same year. The Zurich team was eventually renamed...

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MALOT / VINCENT HELD – DÉCRYPTAGE CRISE DE L’EURO, GRAND RESET, REVENU UNIVERSEL, 5G ET SURVEILLANCE

Dans cet interview, Vincent Held, spécialsite Suisse en décryptage économique, monétaire et sociétal aborde les sujets suivants: - Crise financière et de l'Euro - La crise immobilière et l'AVS - L'exposition des fonds de pension Suisses - La méga fusion UBS & Crédit Suisse - Le "Grand Reset" - Le revenu universel et le concept de “Sustainable Welfare State” - Klaus Schwab et sa bible du Forum de Davos - La mobilité, le confinement - la 5G et la...

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Versicherungsmarkt Schweiz: deutlich höhere Ergebnisse

Die aggregierten Daten über den Schweizer Versicherungsmarkt zeigen eine deutliche Steigerung der Ergebnisse 2019. Diese fallen pro Teilbranchen zwar unterschiedlich aus, sind aber hauptsächlich auf die Ergebnisse am Kapitalmarkt zurückzuführen. Dies und weitere Statistiken zum Versicherungsmarkt zeigt der heute veröffentlichte Versicherungsmarktbericht der Eidgenössischen Finanzmarktaufsicht FINMA. Die schweizerischen Versicherungsunternehmen erzielten im...

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The Economist Essentials: Public Debt | The Economist

The covid-19 pandemic is set to increase public debt to levels last seen after the second world war. But is rising public debt a cause for concern? New economic thinking suggests perhaps not, at least for now.Further reading:Find The Economist’s most recent coverage of covid-19 here: https://econ.st/31E02VY Sign up to The Economist’s daily newsletter to keep up to date with our latest covid-19 coverage: https://econ.st/3ghRh7W Why economics sometimes changes...

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China v America: why universities are on the front line | The Economist

The covid-19 pandemic could cause a massive drop in the number of Chinese students travelling abroad. That would be disastrous for many Western universities—but for the Chinese government, it is a geopolitical opportunity. Read more here: https://econ.st/3557PxzFurther reading:Find The Economist’s most recent coverage of covid-19: https://econ.st/2CQRUr2 Sign up to The Economist’s daily newsletter to keep up to date with our latest covid-19 coverage:...

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