The Local Switzerland

Switzerland refuses cooperation with Russia over fraud probe

Wed, 16 Aug 2017 16:16:16 +0200

Switzerland has unblocked hundreds of millions of dollars belonging to the former head of the Bank of Moscow whom Russia accuses of fraud and embezzlement.

UBS to repay Swiss government bailout loan

Tue, 30 Jul 2013 12:04:00 +0200

Leading Swiss bank UBS has announced plans to repay a loan and buy back a fund set up by Switzerland's central bank as part of its 2008 bailout.

Switzerland plans to hand over Libyan assets

Wed, 24 Aug 2011 15:37:00 +0200

Switzerland will release millions of francs worth of frozen Libyan assets as soon as the United Nations lifts sanctions that were imposed on Muammar Qaddafi’s government, a Swiss official said on Tuesday.

Government plans new asset-freezing law

Thu, 26 May 2011 15:45:00 +0200

The Swiss government said on Thursday that it would consider creating a new law to make it easier to freeze the assets of foreign dictators.