October 17, 2019 / 9:14 AM / a month ago

BRIEF-Swiss Say New Digital Payment Methods Must Be Compatible With Money Laundering Rules

Oct 17 (Reuters) - Swiss government:

* WILL STRESS NEED FOR PREDICTABLE TRADE POLICIES AND IMPROVED FRAMEWORK CONDITIONS IN DEVELOPING COUNTRIES AT UPCOMING IMF, WORLDBANK MEETING

* FEDERAL COUNCILLOR GUY PARMELIN WILL SIGN PROGRAMME IN WASHINGTON THAT WILL HELP TO IMPROVE TRANSPARENCY AND GOVERNANCE IN COMMODITIES SECTOR

* IN TERMS OF FINANCIAL SYSTEM INNOVATIONS, INCLUDING POSSIBLE NEW DIGITAL PAYMENT METHODS (PARTICULARLY LIBRA), FOCUS WILL BE ON REGULATORY ISSUES

* COMPATIBILITY WITH EXISTING PRINCIPLES, ESPECIALLY WITH REGARD TO COMBATING MONEY LAUNDERING, HAS TO BE ENSURED Source text: bit.ly/2MMDsRQ (Berlin Speed Desk)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below