Mirabaud Faces Serious Violations of Financial Market Regulations
Tuesday, 17 September 2024, 13:00
Violations of Financial Law by Mirabaud
Mirabaud has come under scrutiny due to serious accusations regarding violations in financial market law. The Federal Financial Supervisory Authority (FINMA) has discovered that Mirabaud & Cie SA significantly failed in their responsibilities concerning anti-money laundering, which raises alarm bells about their adherence to legal regulations.
Key Findings by FINMA
- Serious deficiencies in anti-money laundering practices.
- Need for immediate improvements to compliance policies.
- Possible repercussions for investors and stakeholders.
The investigation into Mirabaud's practices reflects a broader need for regulatory vigilance in the financial sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.