{"id":37589,"date":"2025-04-13T11:29:19","date_gmt":"2025-04-13T09:29:19","guid":{"rendered":"https:\/\/www.w-t-w.org\/en\/?p=37589"},"modified":"2025-04-13T11:29:19","modified_gmt":"2025-04-13T09:29:19","slug":"leaked-letters-give-insight-into-anti-money-laundering-gaps-at-swiss-bank-reyl","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/leaked-letters-give-insight-into-anti-money-laundering-gaps-at-swiss-bank-reyl\/","title":{"rendered":"Leaked Letters Give Insight Into Anti-Money Laundering Gaps at Swiss Bank Reyl"},"content":{"rendered":"<p>This week, a new leak takes us inside Switzerland\u2019s famously secretive financial sector.<\/p>\n<p>According to leaked correspondence obtained by reporters, Swiss regulators have sounded the alarm over a range of practices at the Geneva-headquartered private bank Reyl Intesa Sanpaolo. In particular, the regulators noted a \u201ccertain carelessness\u201d when it came to vetting clients for money laundering risks \u2014 including those linked to corrupt and autocratic regimes.<\/p>\n<p>The reporting appears to have struck a nerve: On Monday, Reyl\u2019s lawyers confirmed they had filed a complaint under Article 47 of the Swiss Banking Act, a draconian law that criminalizes disclosing information about bank customers. Yet we decided to publish our findings anyway, because we believe they are in the public interest.<\/p>\n<p>In other news, Switzerland\u2019s top court upheld a corruption conviction for Israeli mining magnate Beny Steinmetz, while France moved forward with seizing a villa that belongs to a fugitive former Moldovan politician with a fake Mexican passport.<\/p>\n<p>Meanwhile, Thailand has arrested a woman accused of helping a prominent doctor run a $440-million investment scam that raised funds for non-existent medical centers.<\/p>\n<p><a href=\"https:\/\/us2.campaign-archive.com\/?e=7aa1ce31b5&amp;u=8a7b7dd3a0e2c0adfe8fae715&amp;id=89fb6eca71\" target=\"_blank\" rel=\"noopener\"><strong>Read on for the latest in crime and corruption.<\/strong><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-37590\" src=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4-1024x375.png\" alt=\"\" width=\"584\" height=\"214\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4-1024x375.png 1024w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4-300x110.png 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4-768x281.png 768w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4-500x183.png 500w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2025\/04\/17558595-e291-85c5-2a29-ce41a671e7f4.png 1200w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, a new leak takes us inside Switzerland\u2019s famously secretive financial sector. According to leaked correspondence obtained by reporters, Swiss regulators have sounded the alarm over a range of practices at the Geneva-headquartered private bank Reyl Intesa Sanpaolo. In &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/leaked-letters-give-insight-into-anti-money-laundering-gaps-at-swiss-bank-reyl\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-37589","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/37589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/comments?post=37589"}],"version-history":[{"count":1,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/37589\/revisions"}],"predecessor-version":[{"id":37591,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/37589\/revisions\/37591"}],"wp:attachment":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/media?parent=37589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/categories?post=37589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/tags?post=37589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}