FINMA enforcement proceedings
On 12 June 2018, the Swiss Financial Market Authority (FINMA) issued an order that concluded the enforcement proceedings against Raiffeisen Switzerland it had initiated in October 2017. The conditions imposed by the order have been implemented in full and were reviewed by a FINMA auditor by the end of 2020. This process was supported by Raiffeisen Switzerland’s Board of Directors.
Criminal proceedings against Dr Pierin Vincenz
Raiffeisen is the aggrieved party and is therefore represented as a private litigant in the criminal proceedings. We will assert claims resulting from misconduct where possible and appropriate. Raiffeisen Switzerland will not comment on the ongoing proceedings. The presumption of innocence applies.