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Episode details

World Service,30 Aug 2023,26 mins

Switzerland outlines measures to combat money laundering

World Business Report

Available for over a year

Switzerland has outlined a series of measures to combat money laundering and increase transparency in its huge financial sector. They include a register of those who ultimately benefit from trusts and companies - Switzerland is the only European country that doesn't have one. One of China's biggest property development firms, Country Garden, has reported half year losses of six-point-seven billion dollars. The announcement increases concerns about the troubled property sector, which accounts for more than a quarter of Chinese GDP. Burger King must face a lawsuit that alleges it makes its Whopper burger appear larger on its menus than it is in reality, a US judge has ruled. (The sign of the Swiss National Bank (SNB BNS) headquarters in the Swiss capital Bern,. Picture Credit: Getty Images)

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