Dubai Financial Market receives FINMA recognition to operate as a foreign trading venue
Development establishes a regulated channel between Swiss and Dubai financial centres, and bolsters Dubai’s regional and global positioning in capital markets.
Tag: FINMA
UBS hit with $387 million in combined penalties from European and US regulators for Credit Suisse Archegos failures
The Swiss Financial Market Supervisory Authority (FINMA) has also opened enforcement proceedings against an undisclosed former manager at Credit Suisse.
Investors gear up for litigation over Credit Suisse write-down
Avenues could include challenging the Swiss government, suing FINMA, or suing Credit Suisse – with AT1s recovering slightly as the market prices in the hope of legal redress.