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Switzerland lags Asian finance centres in terms of regulatory proactivity

Compared to their counterparts in Hong Kong and Singapore, Swiss regulators have been noticeably less proactive, possibly to the detriment of the country’s reputation in the long term, an insider told Asian Private Banker. Contrary to the prevalent view that regulatory progress stems from the West and flows East, Christoph Kurth, partner at Baker McKenzie and former global head investigations…

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