FINMA

Flat Risk Weight of 800% – FINMA Clarifies Prudential Consequences of Cryptoassets Trading by Swiss Banks and Securities Dealers

Up to now, the Swiss Financial Market Supervisory Authority (FINMA) has taken no official position on how to consider cryptoassets for the Basel III capital requirements or liquidity ratios for

Read Full Article
Banking, Bitcoin, Cryptocurrency, FINMA, Switzerland

Swiss Financial Market Supervisory Authority Grants Its First Authorization to a Crypto Company

Crypto Fund AG, a subsidiary of Swiss-based Crypto Finance AG, received authorization from the Swiss Financial Markets Supervisory Authority (FINMA) to act as an Asset Manager defined under the Swiss

Read Full Article
Banking, FINMA, Switzerland

Swiss Blockchain-based Businesses Must Consider AML and Licensing Requirements

During 2017, the issue that probably got the most attention for companies raising capital through initial coin offerings (ICOs) was whether tokens constitute securities.  However, governmental agencies and regulators, particularly

Read Full Article
AML, Banking, FINMA, ICO, Switzerland

Categories

Location