On the same day as the report, 12 parliamentarians asked the #Swiss government to answer a few questions about the #SNB's culture, fair hiring, and promoting practices.
(Bloomberg somewhat misleadingly says the motion – it's not a motion, it's what called an interpellation in parliament-speak – was tabled, which in large parts of the world = suspended. It was not suspended. The government has yet to respond but is obligated to do so eventually.)
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Last April and then again in May, armed protesters entered #Michigan's capitol building.
The images – like this one from @Seth_Herald of Reuters – went around the world, of course.
Surely #Michigan would ban firearms in its legislature, right?
That absolutely didn't happen. @detroitnews noted last week #Michigan's failure to ban guns in capitol. Thanks for refusing despite having the authority, Gary Randall and @johntruscott...
"Dem lawmakers called on the Michigan Capitol Commission, which is in charge of maintaining the Capitol grounds, to ban guns. That didn't happen. So they intro'd bills to implement the ban through the Legislature. Neither the House nor the Senate voted on any of the proposals."
Proposal must pass a mini-consultation with Swiss cantons – because federalism! – with final decision
expected on January 13.
The regional easing mechanism for cantons with low rates of infection is gonna be scotched, from Saturday. It will be federal or not at all from January 9 on – meaning everything will be closed everywhere.
Minor quibbles: his tenure wasn't short (four-plus years), and to say "His ouster attracted remarkably little notice outside Zurich" is inaccurate: the story dominated @WSJ and @FT financial services coverage for much of the five months between #spygate surfacing and TT leaving.
The piece is clearly told from TT's point of view and the @nytimes clearly had a lot of access to him and his family.
That's still low internationally (and remember Switzerland remains world's largest offshore haven), but Branson is arguing that notifications are high quality.
Whatever the quality, officials still can't keep up. We know this from the guy who oversaw it:
Branson also says that #1MDB is one of the most brazen and biggest graft cases the world has ever seen.
1MDB had art, jewelry, luxury property, Hollywood blockbuster, etc. but #PDVSA is not only much larger in scale, it also has far more tragic real-world impact on Venezuelans.
This week, #Switzerland's powerful legal lobby quietly torpedoed changes to money laundering law aimed at getting off of an FATF watchlist. Next country exam looms 2022 (this piece, in German, impeccably parses the parliamentary process on AML).
So, back in 2017 when banking conferences were still a thing, I was at the @handelsblatt autumn one in Frankfurt. They had the head of some Dutch bank which had done a lot with online retail in Germany through Diba.
The CEO was Ralph Hamers, who at that time was relatively unknown outside of certain circles (namely ING and digital/fintech as well among organizational gurus/agile).
.@finews_ch wrote about it at the time, obviously not knowing he would turn up in our midst three years later.