Tagged: finma

September 26, 2017 @ 10:03 am By JD Alois  |  

The Financial Market Supervisory Authority (FINMA) shut down E-Coin last week saying the entity had accepted deposits without holding a banking license. Something you should not do in Switzerland. At the same time, FINMA launched bankruptcy proceedings against the individuals involved. FINMA labeled the E-Coins… Read More

November 23, 2016 @ 3:46 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has outlined its strategic goals for 2017 to 2020 and like much of the developed world, the financial regulator is embracing innovation and Fintech disruption. The strategic goals were approved were approved this past week by the Federal… Read More