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 cos logos 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/Cs
WHAT ARE SWISS BANK A/Cs?
WHAT KINDS OF CUSTOMERS ARE ALLOWED
TO OPEN A SWISS BANK A/Cs?
HOW DOES A SWISS BANK A/C WORK?
WHAT ARE THE ADVANTAGES OF SWISS BANK
A/Cs?
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.