ReferIndia News Swiss Lawmakers Push Back on Anti-Money Laundering to Boost Competitiveness

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Swiss Lawmakers Push Back on Anti-Money Laundering to Boost Competitiveness

Published on: Sept. 11, 2025, 11:33 a.m. | Source: Devdiscourse

Swiss lawmakers are advocating to reduce stringent anti-money laundering measures to maintain competitiveness in wealth management as rival centers like Singapore gain traction. Despite government efforts to align with international standards, lawmakers argue for less regulation to avoid losing business to other financial hubs.

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