01-07-2025
Swissquote Ordered by Regulator to Reduce Suspicious Activity
Switzerland's financial watchdog has stepped up pressure on trading platform Swissquote Group Holding SA to do more to curb suspicious activity amid a surge in attempted fraud and hacks.
In an annual assessment letter earlier this year, Finma told Switzerland's biggest consumer trading platform to do more to reduce the number of reports it has to submit to the country's money laundering reporting office, according to Swissquote CEO Marc Buerki.
