Switzerland at risk of EU blacklist after Credit Suisse leak

Apparent due diligence failures by Swiss bank prompts centre-right calls for EU to review relationship with Switzerland

Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians What is the Suisse secrets leak and why are we publishing it?

The fallout from a huge leak of Credit Suisse banking data threatened to damage Switzerland’s entire financial sector on Monday after the European parliament’s main political grouping raised the prospect of adding the country to a money-laundering blacklist.

The European People’s party (EPP), the largest political grouping of the European parliament, called for the EU to review its relationship with Switzerland and consider whether it should be added to its list of countries associated with a high risk of financial crime.

1695

885