PRESENTATION ON SWISS BANK
NAME:KHAN WAJID ALI
ROLL NO:41
SEAT NO:51
? Swiss Bank Corporation(SBC) is a large
integrated financial services co in Switzerland
? 300 billion CHF of assets and 11.7 billion CHF
of equity.
? The co?s logo?s 3 keys symbolizes
“confidence, security & discretion”
? Regulated by Swiss Financial Market
Supervisory Authority(FINMA)
? Average Ratio (assets)-29 to 1,short term
liabilities=to260% of Swiss GDP or 1,273% of
Swiss National Debt.
? INTRODUCTION TO SWISS BANK A/C?s
? WHAT ARE SWISS BANK A/C?s?
? WHAT KINDS OF CUSTOMERS ARE ALLOWED
TO OPEN A SWISS BANK A/C?s?
? HOW DOES A SWISS BANK A/C WORK?
? WHAT ARE THE ADVANTAGES OF SWISS BANK
A/C?s?
? Swiss Financial Markets Authority(FINMA) is the
Swiss government body responsible for financial
regulation.
? FINMA is an independent institution with its own
legal personality based in BERN.
? When (FINMA) is found and how does it comes in to
act?
? Union bank was the second largest bank in
Switzerland.
? Union bank and Swiss bank corporation
merged in 1998,to become UBS.
? UBS is originally known as the Swiss banking
association, was formed in 1912.
? How the Swiss bank association is formed?
? Swiss bank secrecy does protect the privacy
of bank clients;
? BANK SECRECY IS ABSOLUTE AS COMPARED
TO NORMAL BANKS?
? Anti-money laundering (AML) is a term
mainly used in the financial and legal
industries to describe the legal controls that
require financial Instiutions and other
regulated entities to prevent, detect and
report money laundering activities.
? Anti-money laundering laws and international
cooperation, a process Colloquinally known
as “name and shame”.
? FINANCIAL INSTITUIONS AND NON FINANCIAL
INSTITUTIONS,IDENTIFY AND REPORT IN THE
RESPECTIVE COUNTRY.
? IT IS TERMED AS „KYC? (KNOW YOUR
CUSTOMER)
? ANTI MONEY LAUNDERING SOFTWARE
FILTERS CUSTOMER DATA,CLASSIFIES IT
ACCORDINGLY
? HENCE,CONCLUDING THIS TOPIC,THE SWISS
BANK CORPORATION IS A TRADITION OF
BANK SECRECY,BUT THIS PRINCIPLE OF
SECRECY IS MISUSED BY SOME POLITICIANS
AND CORRUPTED PEOPLE WHICH PROVIDES A
HELPING HAND TO THEM.
doc_446053702.pptx
NAME:KHAN WAJID ALI
ROLL NO:41
SEAT NO:51
? Swiss Bank Corporation(SBC) is a large
integrated financial services co in Switzerland
? 300 billion CHF of assets and 11.7 billion CHF
of equity.
? The co?s logo?s 3 keys symbolizes
“confidence, security & discretion”
? Regulated by Swiss Financial Market
Supervisory Authority(FINMA)
? Average Ratio (assets)-29 to 1,short term
liabilities=to260% of Swiss GDP or 1,273% of
Swiss National Debt.
? INTRODUCTION TO SWISS BANK A/C?s
? WHAT ARE SWISS BANK A/C?s?
? WHAT KINDS OF CUSTOMERS ARE ALLOWED
TO OPEN A SWISS BANK A/C?s?
? HOW DOES A SWISS BANK A/C WORK?
? WHAT ARE THE ADVANTAGES OF SWISS BANK
A/C?s?
? Swiss Financial Markets Authority(FINMA) is the
Swiss government body responsible for financial
regulation.
? FINMA is an independent institution with its own
legal personality based in BERN.
? When (FINMA) is found and how does it comes in to
act?
? Union bank was the second largest bank in
Switzerland.
? Union bank and Swiss bank corporation
merged in 1998,to become UBS.
? UBS is originally known as the Swiss banking
association, was formed in 1912.
? How the Swiss bank association is formed?
? Swiss bank secrecy does protect the privacy
of bank clients;
? BANK SECRECY IS ABSOLUTE AS COMPARED
TO NORMAL BANKS?
? Anti-money laundering (AML) is a term
mainly used in the financial and legal
industries to describe the legal controls that
require financial Instiutions and other
regulated entities to prevent, detect and
report money laundering activities.
? Anti-money laundering laws and international
cooperation, a process Colloquinally known
as “name and shame”.
? FINANCIAL INSTITUIONS AND NON FINANCIAL
INSTITUTIONS,IDENTIFY AND REPORT IN THE
RESPECTIVE COUNTRY.
? IT IS TERMED AS „KYC? (KNOW YOUR
CUSTOMER)
? ANTI MONEY LAUNDERING SOFTWARE
FILTERS CUSTOMER DATA,CLASSIFIES IT
ACCORDINGLY
? HENCE,CONCLUDING THIS TOPIC,THE SWISS
BANK CORPORATION IS A TRADITION OF
BANK SECRECY,BUT THIS PRINCIPLE OF
SECRECY IS MISUSED BY SOME POLITICIANS
AND CORRUPTED PEOPLE WHICH PROVIDES A
HELPING HAND TO THEM.
doc_446053702.pptx